Biden administration to forgive $4.8 billion in student loan debt for 80,300 borrowers

MicroWave@lemmy.world to politics @lemmy.world – 462 points –
Biden administration to forgive $4.8 billion in student loan debt for 80,300 borrowers
cnbc.com

The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers.

The relief is a result of the U.S. Department of Education’s fixes to its income-driven repayment plans and Public Service Loan Forgiveness program.

“Before President Biden took office, it was virtually impossible for eligible borrowers to access the student debt relief they rightfully earned,” U.S. Secretary of Education Miguel Cardona said in a statement. “This level of debt relief is unparalleled and we have no intention of slowing down.”

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@MicroWave @steinbring He’s already lost the Gen-Z vote.

How?

24/7 propaganda like it's a central American CIA psyop from the 60's... How did you think something like Trump happens?

Weird as comment format

They’re here from mastodon. The format looks wonky here as a result.

Wait, does that work though? Pinging people with @? I mean Lemmy has a lot of nifty features I'm just only discovering...

@anarchy79 @June found the post on mastodon and am replying from there. The @‘s are automatic from here. It’s just how mastodon works.

No I don’t think so. It’s just automatic when interacting with lemmy from mastodon as far as I know.

It’s the same as twitter, when you reply to a tweet you @ the person you’re replying to.

Calling it out to get them to leave I dunno. Looks shitty like they're @ing people.