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Reply to "Trump will rollback student loan forgiveness"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the thing that needs forgiven in terms of student loans is the interest. It took me 8-10 years of working after graduation to be in a good financial place to make payments on mine that were more than the minimum monthly payment. I borrowed $27k over 4 years, so relatively low compared to many I know, but when all was said and done, I paid back $46k. My sister has paid back her original student loan amount of $40k but still owes like $39k because of Interest. Most people I know aren't averse to paying back what they borrowed. It's the interest that is crippling to them. [/quote] And that's what some of Biden's loan forgiveness plans addressed. I wish they had explained it better so people understood that many of these borrowers had paid off their principal years ago, or didn't have their loans forgiven even though they were in the Public Service Loan Forgiveness program. https://www.nerdwallet.com/article/loans/student-loans/idr-waiver[/quote] They did explain it. The GOP is simply better at developing simply slogans that idiots buy.[/quote]
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