this post was submitted on 19 Jan 2024
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News

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President Biden announced Friday that his administration is forgiving $5 billion in student debt for another 74,000 borrowers, marking the latest round of debt cancellation since the Supreme Court voided the president's student loan forgiveness program.

Mr. Biden said that of the borrowers who can receive relief, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service. Almost 30,000 of those who will have their debt wiped clean have been repaying their loans for at least 20 years, but did not get the relief they earned through income-based plans, the president said.

With the latest round of student loan forgiveness, more than 3.7 million Americans have had their debt erased under the Biden administration, Mr. Biden said.

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[–] whostosay@lemmy.world 17 points 10 months ago (2 children)

BUT IF I DID AND I ALREADY HAD PAID IT ID BE JUST AS PISSED AS I AM NOW THAT I CANT DRAG ANYONE ELSE DOWN

DRAG??? WHAT ARE YOU SOME KIND OF FREAK?!

[–] ohlaph@lemmy.world 4 points 10 months ago

Right. It's like saying my dad died of cancer, so your dad should also die of cancer.

No, let's improve shit for everyone. Fuck that outdated mentality.