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Political Discussion
Reply to "Why is Biden extending the student loan repayment pause?"
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[quote=Anonymous][quote=Anonymous]It's interesting to me that some people here seem to think it's a good thing for the economy when people pay less to the government... sometimes.[/quote] Some of the people who most desperately need forgiveness have already paid interest and penalties to the federal government that exceeds their borrowed amounts. So yeah, they've paid what they borrowed. In my case, I'll have paid around $90K in interest payments to the USG once PSLF is applied to my outstanding principle amount. [/quote]
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