ST Alpha - "If it was only that, perhaps so. But it's not. There's more." (Reading a Post)

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In response to "That was my understanding. This makes it a dumb election-season stunt, and not a solution." by Beryllium

If it was only that, perhaps so. But it's not. There's more.

Posted by Qale (aka Qale) Aug 31 '22, 22:53

The new income-driven repayment plan that Biden is expected to propose would cap payments at 5% of a borrower's discretionary income, down from 10% that is offered in most current plans, as well as reduce the amount of income that is considered discretionary. It would also forgive remaining balances after 10 years of repayment, instead of 20 years.

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Ooh, nice! -- nm - Beryllium Aug 31, 22:53 1
- It's also what he campaigned on, so if it's an election stunt it's one from 3 years ago, not today. -- nm - Qale Aug 31, 23:10

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If it was only that, perhaps so. But it's not. There's more.

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