Resolves YES if by August 31, the US has announced forgiveness of at least $5k of student debt for a broad group of borrowers (e.g. all borrowers earning less than $50k per year in income) by end of August. Otherwise NO.
According to https://www.cnn.com/2022/08/22/politics/student-loan-white-house/index.html, the White House is currently leaning towards cancellation of up to $10k in student debt for borrowers with up to $125,000 per year of income.
Student loan repayments are currently paused until August 31, but previous pause dates have been extended several times.
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Resolves YES - loan forgiveness of $10k for borrowers with income under $125k was announced: https://www.cnn.com/2022/08/24/politics/student-loans-joe-biden-white-house/index.html
President Joe Biden on Wednesday announced historic new steps to address student loan debt, which includes forgiving up to $20,000 for millions of borrowers and extending the payment freeze one final time until the end of the year.
Oh, to clarify the wording:
> Resolves YES if by August 31, the US has announced forgiveness of at least $5k of student debt for a broad group of borrowers (e.g. all borrowers earning less than $50k per year in income) by end of August.
Is the "August 31" / "end of August" a duplication, or does the second refer to the content of the announcement?
That is, suppose that during August, the US announces broad forgiveness of $5k of debt, and that forgiveness will be applied in September. Does this resolve yes?
@PhilipHazelden (Or if the US announces broad forgiveness, but doesn't specify when the forgiveness will be applied.)