After student loan payments resume, Biden cancels 0.5% of total federal student debt
After student loan payments resume, Biden cancels 0.5% of total federal student debt
peoplesdispatch.org After student loan payments resume, Biden cancels 0.5% of total federal student debt : Peoples Dispatch
Student loan borrowers who have been calling for complete cancellation have denounced band aid solutions to debt crisis
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Just a correction for the article, it lists 0.5% as 9 million forgiven from 1.6 trillion, and while the 0.5% is accurate of the total amount forgiven, 0.5% of 1.6 trillion is 9 Billion, not million.
While a small part of the total, it’s a pretty big difference.