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Sherm's avatar

How many of the people receiving this no longer have to make payments on a loan? The majority of impacted borrowers will just have the distant day when they're done moved forward in time.

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Liberal Cynic's avatar

I saw a graphic yesterday that showed this small bit would totally erase the debt of 53% of eligible borrowers.

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HoyaGoon's avatar

This is such an under considered point. For most of those affected, it just means that there may be a date in their lives they can realistically expect to finish paying off their loans instead of being bogged down forever.

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