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.
Maybe they are in a shitty situation too and that’s why they are asking? It fucking sucks when you’re drowning to see you don’t qualify for a life preserver.
Maybe they should be asking for help with their shitty situation then? Instead of seeing someone getting helping and saying “Why should I care that shitty situation? They aren’t ME!”