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progressoid

(50,061 posts)
4. About 9% of people will get loan forgiveness.
Wed Feb 21, 2024, 02:28 PM
Feb 2024

In the current round of forgiveness just 2% will get their student loan debt cancelled.

https://www.cnn.com/2024/02/21/politics/student-loan-forgiveness-biden-debt/index.html

Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration are expected to get an email Wednesday notifying them that their remaining federal student loan debt will be canceled, totaling about $1.2 billion.

...

The new SAVE plan offers the most generous repayment terms for low-income borrowers. Currently, about 7.5 million borrowers are enrolled.
Student loan payments Cairycat Feb 2024 #1
Are.you eligible for cilla4progress Feb 2024 #2
About 9% of people will get loan forgiveness. progressoid Feb 2024 #4
New wife went back to work a year multigraincracker Feb 2024 #3
Same! cilla4progress Feb 2024 #5
Latest Discussions»General Discussion»Found in the latest Paul ...»Reply #4