How much student debt will be cleared by the Biden administration?
Jan 1

Will be resolved to the amount cleared for the average loanholder as determined by some credible source such, as determined by me, with sourcing

Close date updated to 2023-12-31 11:59 pm

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SirSalty avatar
David Chee

Why is this so low? Isnt a very significant % expected to receive 20k and the vast majority of the others 10k?

MartinRandall avatar
Martin Randallbought Ṁ6 of HIGHER

There's also the amount effectively cleared by pausing debt repayments and by the changes to loan forgiveness programs.

Lorxus avatar
Lorxus Mathfox

@DavidChee Because the US government has never met a promise to its subjects that it didn't feel like breaking.