Sources said President Biden’s intended measure will include at least $10,000 in loan forgiveness for borrowers who make less than $125,000 annually, as well as another payment freeze for roughly four months.
Sources said President Biden’s intended measure will include at least $10,000 in loan forgiveness for borrowers who make less than $125,000 annually, as well as another payment freeze for roughly four months.
My first thought was that they employed a 1000 accountants to determine the amount to forgive that would most sway the electorate AND be quickly recouped by accruing interest as people struggle to pay the minimum monthly anyway.