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Jun 19, 2021



Edward Mass posted:

I just finished paying off my student loans last month :negative:

In all seriousness, Biden's plan makes sense from all sides - the people for which the relief helps the most are the most vulnerable and the end result won't damage anyone who can't absorb it.

I think they’re doing refunds of payments as well :)

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Jun 19, 2021



Zophar posted:

Am I correctly understanding that the raise in discretionary income wouldn't apply to graduate debt holders? What the gently caress. I'm a university-level teacher and this would be the only way any of these changes improve the status quo for me if this is the case.

While it’s unclear, how I read this is the only part that wouldn’t apply to grad loans is the 5% cap, not the other changes. So graduate loans would have the other pieces… but be capped at 10% (of the lower number of discretionary income.)

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Jun 19, 2021



AsInHowe posted:

Where do you see this??

If you’ve voluntarily made payments since the pause (Feb 2020) you can request a refund for those payments

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Jun 19, 2021



its back open

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