• medgremlin@lemmy.sdf.org
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    1 year ago

    It really baffles me how far the GOP is willing to go against policies that would actually help Americans out of sheer spite. I guess I’m relieved that this won’t really affect me now that I’m in graduate school anyways, but it’s still extremely stressful not knowing whether or not things like PSLF will still exist when I’m done with school and have a student loan burden about twice the size of our mortgage.

    • ☆ Yσɠƚԋσʂ ☆OPM
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      1 year ago

      Of course it is, the article states that 40 million people a monthly bill for roughly 350, anybody capable of doing basic math can see that accounts for 14 billion.

      It will likely be for borrowers when the pandemic-era policy expires. Around 40 million Americans have debt from their education. The typical monthly bill is roughly $350.

      Then the article provides the following chart showing that the total debt is 1.8 trillion