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Message
re: Biden's Back Door Student Loan Forgiveness
Posted on 7/13/23 at 2:37 pm to anc
Posted on 7/13/23 at 2:37 pm to anc
quote:
No payments required for those who earn less than 225% of federal poverty line ($32,800 currently) - up from $22000 now.
I am assuming this would get adjusted every year. Also, do they consider the income for the household or just the individual?
Kick out a few kids and that federal poverty level can be $30k, which means as long as you make less than $67.5k no more student loans.
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