Student Loan Forgiveness: Supreme Court Rejects Biden’s Debt Forgiveness Plan
Student Loan Forgiveness: Supreme Court Rejects Biden’s Debt Forgiveness Plan
www.nytimes.com Student Loan Forgiveness: Supreme Court Rejects Biden’s Debt Forgiveness Plan
The proposed debt cancellation of more than $400 billion would have been one of the most expensive executive actions in U.S. history and affects tens of millions of borrowers.
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When I got engaged to my wife and we were going over our finances, her student loans blew my mind. The way they set up her payments, more than half of her loans were growing despite making monthly payments. The freaking interest was higher than she paid in every month.
I have a friend in the same position. It's actually pretty sad to see. They will never be out from under the crushing weight of this debt.
24 comments