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Reply to "Will the $10-20K student debt relief happen? Not interested in whether you think it should. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No, it's not a big political issue but it's enough where R's won't allow it to happen and D's will just let the issue drop, probably because Americans don't like seeing other people get a specific dollar amount benefit. I think student loan repayment will never happen again and the next move will be speeding up the timeline for PSLF to 5 years and IBR/PAYE total forgiveness to 10 years.[/quote] Interesting thoughts. Debt forgiveness may not happen; hopefully, the current administration will extend repayment & interest accrual moratorium until end of Presidential term--will be especially helpful if a recession occurs.[/quote] This. I don’t think it will happen but in place of outright forgiveness the repayment and interest accrual moratorium will be extended through the end of Biden’s first term and maybe through the second term. [/quote]
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