President Biden is hoping to shore up support with young voters who are disproportionately affected by soaring education costs. So far, he has canceled $153 billion in debt.
The press release makes it sound like you don’t need to take any action if you’re still enrolled in the SAVE plan. With other debt cancellations, they sent people letters saying that their debt is now discharged.
Edit 2: it’s income driven based on your current income. Well that sucks for people like me who scratched and clawed their way up the ladder for two decades.
Is the save plan the original registration? I wasn’t able to register for that. They shut registration down by the time I heard of it.
The press release makes it sound like you don’t need to take any action if you’re still enrolled in the SAVE plan. With other debt cancellations, they sent people letters saying that their debt is now discharged.
Edit: nvm, I found it. People can register here:
https://studentaid.gov/announcements-events/save-plan
Edit 2: it’s income driven based on your current income. Well that sucks for people like me who scratched and clawed their way up the ladder for two decades.
Is the save plan the original registration? I wasn’t able to register for that. They shut registration down by the time I heard of it.Sorry, but a bunch of right-wing judges prevented Biden from doing a blanket forgiveness of the sort which would likely have covered you.
Just be happy that others don’t have to deal with the same issues you did.
Yeah, I’m glad some people will receive assistance.