Looking up some statistics, just over 75% of student loan borrowers fall under the income cap, and on average this will eliminate between 25-33% -- (edited)
Posted by
znufrii
Aug 23 '22, 11:05
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of their current student debt. Over 30 million borrowers might qualify for a total forgiveness of roughly $300+ billion, according to quick and dirty math, representing just under 20% of aggregate federal student loan balances.
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