The Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt, in the coming weeks due to fixes that more accurately count qualified monthly payments under existing income-driven repayment plans.
It’s the truth. I went from a nearly 8% interest government loan that was presented to me as a normal thing to do and something that I would be able to afford with a good job to a 3% private loan. I should have done it years earlier, but didn’t really know any better until the government took much more money than the loan was worth. The system is fucked.
It’s the truth. I went from a nearly 8% interest government loan that was presented to me as a normal thing to do and something that I would be able to afford with a good job to a 3% private loan. I should have done it years earlier, but didn’t really know any better until the government took much more money than the loan was worth. The system is fucked.