Comment on Student Debt Has Reached $1.3 Trillion, compared to just $243 billion in 2003
big_slap@lemmy.world 5 months agoI feel that our current leaders are not wired to think proactively, and that will be our downfall
Comment on Student Debt Has Reached $1.3 Trillion, compared to just $243 billion in 2003
big_slap@lemmy.world 5 months agoI feel that our current leaders are not wired to think proactively, and that will be our downfall
givesomefucks@lemmy.world 5 months ago
It’s one of those things where Republicans put people like Betsy Davros in charge, then moderates want us to clap for bread crumbs
Like, a big chunk of loan forgiveness so far, is people that qualified for PSLF, but couldn’t get it because the loan servicers were in charge of it, and intentionally incompetent.
So now the feds are paying the inflated balances with interest.
We need to talk about principals forgiven, not amounts after 20 years of interest.
Sure, what we’re doing now is better than nothing, that doesn’t mean it’s enough though.