Biden’s loan forgiveness efforts have faced major resistance, but people are bracing for worse under president-elect

Summary

Student loan borrowers fear worsened conditions under Donald Trump, who has criticized debt relief and oversaw a 99% rejection rate for Public Service Loan Forgiveness (PSLF) during his first term.

Many borrowers remain in limbo awaiting forgiveness, while others struggle with ballooning debt despite decades of payments.

Borrowers expect Trump to scale back or eliminate relief programs initiated by Joe Biden, which have forgiven $166.5 billion in loans.

Critics highlight flaws in the existing system, calling it a “nightmare” for those seeking relief.

  • @CharlesDarwinEnglish
    0•6 days ago

    Yep. If only they and the protest voters (because “genocide Joe” 🙄 ) were the only ones that had to sit in the mess they’ve made.

    The problem is, they shit the bed and we all have to put up with it.

    • @[email protected]English
      4•6 days ago

      they shit the bed and we all have to put up with it.

      Leftists have been saying that about Democrats for decades.