- $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
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I mean maybe, but they also said they were going to restart payments this month, and in May, and last October. The midterms will be over by January, so yeah that could be when they decide to drop this particular kayfabe. But if they manage to extend the repayment pause into 2024 they can both make it the Republicans' problem and get a fresh new bit of controversy to fundraise on.
So the question becomes, just where exactly do the Democrats fall on the incompetence - malice spectrum?
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I suppose we'll see. The Dems wanting to slowly defund Covid infrastructure also supports your point, if their ultimate goal is to try and brute force a return to the pre-pandemic politcal and economic status quo.
Knowing the Dems, they'll restart payments in October 2024.
Just hope Brandon brain broke enough to forget he said it when come January