re: Biden's Back Door Student Loan Forgiveness

quote:

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$30,000 over 10 years at 8% interest is a payment of $364 per month.

$30,000 over 10 years at 4% interest is a payment of $304 per month.

Nobody gives a shite about getting their rate lowered. You are all a bunch of freeloaders who want your debt cancelled.

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I have never argued for anything other than a lower interest rate. Specifically with professional/graduate loans, you are borrowing a lot more and the interest rate is between 5-7% usually.