Breaking News: Biden admin to forgive $39 billion in student loan debt

Rell

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"The decision is the product of fixes to the student loan system's repayment plans, which allow for borrowers to have their remaining debts cancelled after they've made payments for a period of 20 years or 25 years, depending on their circumstances."



:wtf: Paying for school for 20-25 years?!
 

Detroit Wave

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"The decision is the product of fixes to the student loan system's repayment plans, which allow for borrowers to have their remaining debts cancelled after they've made payments for a period of 20 years or 25 years, depending on their circumstances."



:wtf: Paying for school for 20-25 years?!
So basically only for people who finna retire from the career they went into debt to get a degree for :dead:
 

Schadenfreude

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"The decision is the product of fixes to the student loan system's repayment plans, which allow for borrowers to have their remaining debts cancelled after they've made payments for a period of 20 years or 25 years, depending on their circumstances."



:wtf: Paying for school for 20-25 years?!

Some careers like medical school are ridiculously expensive. I think the medical school here is around $105k a year (tuition, room and board, insurance, etc), and it goes up every year.
 

CodeBlaMeVi

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Some careers like medical school are ridiculously expensive. I think the medical school here is around $105k a year (tuition, room and board, insurance, etc), and it goes up every year.
This. This is really going to primarily help wealthy folks. SMH.

Rich crkkrs are going to wake up to one less bill that was on autopay. 😂
 
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