Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

  • Viking_Hippie@lemmy.world
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    10 months ago

    Then again, there’s quite a bit of leeway between no interest and several hundred percent in interest and fees over decades.