I know not to expect much from this admin, but part of me still think they’ll end up doing like 10K in forgiveness, as pathetic as that is. Haven’t heard about it in a while though…
But I haven’t started a small business in a disadvantaged community :deeper-sadness:
The left and it’s cancel culture have gone too far this time.
Hope you get some relief. Unfortunately for me they’re only talking about federal loans, not private loans which 18 year old me was stupid enough to sign up for.
Senate bill is still being negotiated, I imagine we’ll see the text of the bill in the next week; if we don’t, it’ll definitely be this month.
At best the bill might contain $10k in forgiveness of student debt (undergraduate only, not applicable to private loans) but I seriously doubt it. The House bill did not contain any student loan forgiveness, nor did Biden’s plan. The Senate amendment process didn’t contain anything on student debt relief either. At this point it would be very surprising to see student debt relief get into this bill.
