alyaza [they/she]M to Politics@beehaw.org • edit-22 years agoBiden releases student loan cancellation plan: $10k for non Pell Grant recipients, $20k for Pell Grant recipients; loan repayment pause until January 2023; cap of 5% of monthly income for repaymenttwitter.commessage-square14fedilinkarrow-up116arrow-down10
arrow-up116arrow-down1external-linkBiden releases student loan cancellation plan: $10k for non Pell Grant recipients, $20k for Pell Grant recipients; loan repayment pause until January 2023; cap of 5% of monthly income for repaymenttwitter.comalyaza [they/she]M to Politics@beehaw.org • edit-22 years agomessage-square14fedilink
minus-squarealyaza [they/she]OPMlinkfedilink6•2 years agoestimates are in now that this wipes out 20 million people’s debt, and impacts another 27 million people, which is crazy. that’s a ton of people who will be out from underneath this
minus-squarealyaza [they/she]OPMlinkfedilink4•2 years agoalmost certainly yeah. this frees a lot of money that otherwise goes to monthly payments to go toward literally anything else.
estimates are in now that this wipes out 20 million people’s debt, and impacts another 27 million people, which is crazy. that’s a ton of people who will be out from underneath this
That should bolster the economy as well, right?
almost certainly yeah. this frees a lot of money that otherwise goes to monthly payments to go toward literally anything else.