It really baffles me how far the GOP is willing to go against policies that would actually help Americans out of sheer spite. I guess I’m relieved that this won’t really affect me now that I’m in graduate school anyways, but it’s still extremely stressful not knowing whether or not things like PSLF will still exist when I’m done with school and have a student loan burden about twice the size of our mortgage.
Yes, there is absolutely nothing the democrats could do having the presidency.
What are you talking about? Do you know anything at all about US politics and government? We don’t have a king here. The current president (A democrat named Joe Biden, btw) issued an executive order which forgave student debt. Republicans fought tooth and nail to make sure payments would resume, and took it to the Supreme Court. Based on the oral arguments made by the Supreme Court judges thus far, Republican appointed judges are expected to vote to overturn the Biden debt relief program.
Do you know anything about US politics and government? https://en.wikipedia.org/wiki/Executive_order
Can you even read?
One of us can’t evidently.
Yes it’s you. Biden made an executive order to forgive student loans. The Supreme Court is overturning that order.
Where’s $15.7 billion coming from? Not this article.
Of course it is, the article states that 40 million people a monthly bill for roughly 350, anybody capable of doing basic math can see that accounts for 14 billion.
It will likely be for borrowers when the pandemic-era policy expires. Around 40 million Americans have debt from their education. The typical monthly bill is roughly $350.
Then the article provides the following chart showing that the total debt is 1.8 trillion
