- $10k cancellation for those making less than $125k annually
- $20k cancellation for Pell Grant recipients
- Student loan pause extended until December 31st
- 5% of monthly income cap on student loan payment (optional?)
Honestly pretty sick for me and my family. Wipes out my debt, my mom's debt, and most of my sister's. Wish we could've gotten more, since there's no good reason not to go to at least $50k, but from a selfish PoV it's hard to complain in the moment
i was almost sad but my loan was private so it probably wouldnt be forgiven.
Why would you have taken a private loan when federal loans were so much cheaper? You probably are thinking of an FFEL loan, which would be forgiven
I ended up getting private loans because they were the only things available at the school I was going to since it was just a dressed up scam school really. They're the ones that have hurt the most to be honest.
i couldnt get a public loan for a 2nd bachelor degree, i chose to not get a master degree because my 1st degree was in history and i didnt want to do anything with it really. i just like the topic/field.