Biden Administration Cancels Another $7.7 Billion in Student Loans

silence7@slrpnk.net to politics @lemmy.world – 370 points –
Biden Administration Cancels Another $7.7 Billion in Student Loans
nytimes.com
28

You are viewing a single comment

Love to keep seeing this. Not sure when it is going to come to me and my family but I am sure its life changing for people today. Good for them and lets keep this gravy train going.

I'm not holding my breath on it, but paying $30 a month is a lot better than the $200 I was paying before.

I feel ya. My wife's loans went from $750 a month to $110. Way easier to swallow.

I couldn't afford anything with 200 a month. I couldn't imagine 750. That's a damn mortgage for a small house.

A friend of mine is supposed to pay $1100+ per month. I can't imagine it.

I pay $0 with SAVE

Yeah I couldn't really either. I'd have been in dire financial straits if I'd been forced to pay $750 for very long. I'm a single income father of three.

Yeah 20 years ago. Good luck trying to find a single wide trailer for that now.

Man, don't shit on my shitty house like that.

I’m not. I had that mortgage 20 years ago. Wish I still had it. I was financially 10 times better off than I am now. But it also came with a shitty wife. That’s way worse than a shitty house believe me.

My main goal was to find something cheap enough to live on my own. Its an OK house in a crappy area.

I lucked out but still had to spend a lot to fix it up or the bank wouldn't bother with such a cheap loan.

I’d rather an ok house in a crappy area than paying rent any day. And I’m 100% for a little sweat equity in your house. Plus making a house better is always a good thing.