$17 Billion Spent on Student Loan Debt

Well, in a nutshell, the article is saying despite President Biden covering $17 billion in student loan debts, it hasn’t really helped him politically. $17 billion is a lot of money, and it wiped the slate clean for a lot of people-so what’s the issue?

I don’t have the answer to that question, but I’m one of the students who hasn’t benefited from his Public Service Loan Forgiveness Program, so maybe there’s quite a few people in the same boat.

I graduated college in 2003, and I’m still paying my loan back. My loan was originally with a company (ACS) that went out of business, but eventually, it was picked up by another.

For some reason my loan doesn’t qualify, but I wish it did. $10,000 of debt relief could really help. I think what President Biden did was really generous, and the young people who just got a college education for free should be thanking him.

Maybe, if it’s possible, he could check and see what loans aren’t qualifying for his program. I think he would get that political win he’s looking for if he starts helping the right people. That group of adults between 40 and 50-years-old who are trying to live with a nagging college debt from 20 years ago would sure be grateful and appreciative of that help.


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