this seems extremely substantial, beyond what i expected of biden. a lot of people are pell grant recipients so a ton of people will be getting $20k here instead of $10k. the 5% monthly cap appears to be a halving of the current federal payment cap, which is 10%, so that’s also substantial. they doubled household income for joint filers, so this applies to couples with an income below $250k; also, none of this is taxable.
I wish I could have had this! It took me 21 years to pay off my student debt and it was a HUGE burden.
estimates are in now that this wipes out 20 million people’s debt, and impacts another 27 million people, which is crazy. that’s a ton of people who will be out from underneath this
That should bolster the economy as well, right?
almost certainly yeah. this frees a lot of money that otherwise goes to monthly payments to go toward literally anything else.
Political mind: This is not nearly enough but still huge, we should be critical and push for more but still ride this victory.
Personal mind: HOLY FUCKING SHIT YES
Amazing news!
I never went into debt for school, so it doesn’t really affect me
Thanks for telling us, this was a great contribution to the discussion.
How dare you
Lol, I’m sincerely not sure whether this is a joke? If so, bravo, this is hilarious.
It is mandatory for all Beehaw users to be nice so, be nice to me even though I contribute little to the discussion; a little is better than nothing! You could have said, “Oh, lisko, how did you avoid getting to debt?”
Hey there,
You seem to either be struggling with this instance or a troll. I’m going to give you the benefit of the doubt here and assume the former.
Entering into a thread and posting a comment which adds nothing to the discussion and is vaguely passive aggressive is not being nice. When you’re not being nice, no one is obligated to treat you in the same manner.
Replying to this message arguing about how you are not in the wrong like you’ve done in the past is not going to win you any favor. Asking me to explain why this behavior wasn’t nice won’t fly either, it’s clear others interpreted your comments in a similar fashion merely by the way they’ve been responding to you.
This is your second warning. Be nice. If you’re truly struggling with how to act online so that others view you as a nice person, Google and the library are your friends, feel free to educate yourself.
I edited this comment so that we don’t fight, but I’ll let you know what I think in private.
