- Mar 9, 2011
- 70,270
- 84,108
- 3,635
This is how they do it in a lawless and illegitimate Banana Republic: Ignore the law of the land and do whatever you want.
"The Biden administration announced Friday it would automatically forgive $39 billion in student debt for 804,000 borrowers.
The relief is a result of fixes to the student loan system’s income-driven repayment plans. Under those repayment plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or 25 years, depending on when they borrowed, and their loan and plan type."
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers
"The Biden administration announced Friday it would automatically forgive $39 billion in student debt for 804,000 borrowers.
The relief is a result of fixes to the student loan system’s income-driven repayment plans. Under those repayment plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or 25 years, depending on when they borrowed, and their loan and plan type."
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers