@cmclymer @HC_Richardson This is why I’m glad the government is pivoting away from calling it forgiveness and now calling it cancellation. Mine qualified last year. Over the 27 years of paying (I did grad school as well), I more than paid back my principal PLUS a reasonable amount of interest.
@cmclymer Got a PhD but can't pay her own bills?
@cmclymer 170k on a 130k loan? That isn’t shit. Try financing a house. Maybe I should write the president and ask him to call the bank and forgive half my interest? Oh what am I saying? I agreed to the terms voluntarily. My bad.
@cmclymer @HC_Richardson Sure wish more folks understood this
@cmclymer This is the same scenario for me. People don’t believe the math but this IS the math.
@cmclymer These predatory loans should not have been allowed in the first place.
@cmclymer So did Biden cancel or at least reform the predatory college loam system that led to this? He didn't? That's crazy, it's almost like he's using taxpayer money to buy votes and will let other students sink into debt so the Dems can use this trick again at some point.