Student loan plan, debt is canceled
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Where is my check?
Nearly 153,000 people enrolled in Biden’s new student loan plan will get an email Wednesday that their debt is canceled
Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration are expected to get an email Wednesday notifying them that their remaining federal student loan debt will be canceled, totaling about $1.2 billion.
The email is expected to include a congratulatory message from President Joe Biden, whose administration is eager to remind voters what it has done to address student loan debt as the presidential election ramps up.
“From day one of my Administration, I vowed to fix student loan programs so higher education can be a ticket to the middle class—not a barrier to opportunity,” the message reads.
https://www.cnn.com/2024/02/21/politics/student-loan-forgiveness-biden-debt/index.html
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Meh, they’ll pay it back when they have to wait till 90 to collect SS.
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Meh, they’ll pay it back when they have to wait till 90 to collect SS.
@LuFins-Dad said in Student loan plan, debt is canceled:
Meh, they’ll pay it back when they have to wait till 90 to collect SS.
Fuck this.
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The economy will not be recognizable when these people hit retirement age. If I were in their shoes, I'd completely take lower debt now for some handwaved debt to pay later.
@Horace said in Student loan plan, debt is canceled:
when these people hit retirement age.
Remember that story the other day telling us that the first person to live until age 150 is alive today?
Social Security still starts paying retirement benefits at age 62.
So for, roughly, 40 years of work, this 150 year old guy could collect almost 90 years of retirement pay.
