InCali
My Buddy - Max the Dog
- Joined
- Aug 7, 2014
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Can you cancel the debts in installments? I guess you must have to pay some extra fee...
So, in order to pay that crazy amount... how much money you're supposed to make? It's crazy that you get to say "per year", it'd be impossible for me due to inflation rates.
You can pay it off or the government can, and has, forgiven some of it. There's a big controversy on whether the president can cancel student debt. I actually left a position I really liked with UCLA and took a private sector job so I could help more. Between that and some scholarships, they only graduated with $10,000 in debt and if the Biden proposal is approved, they won't have to pay that off.
I don't know exactly where the challenge is at in the courts, but I'll bet @Prison Mike knows more.