Archive link

  • $10k cancellation for those making less than $125k annually
  • $20k cancellation for Pell Grant recipients
  • Student loan pause extended until December 31st
  • 5% of monthly income cap on student loan payment (optional?)

Honestly pretty sick for me and my family. Wipes out my debt, my mom's debt, and most of my sister's. Wish we could've gotten more, since there's no good reason not to go to at least $50k, but from a selfish PoV it's hard to complain in the moment

  • gueybana [any]
    ·
    2 years ago

    That’s only if you’re making the minimum payments, no?

    Not sure I follow you here.

    I’m not sure what special powers living in the US would grant me. Also I did say it’s objectively good.

    Have you taken out student loans? Have you taken student loans from the US federal government? This would kind of help in making an observation about the logistics of loan payments.