Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

    • Sir_Kevin@discuss.online
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      11 months ago

      If the debt is impossible to pay off in a lifetime, people simply won’t pay at all. There’s no point. If they make it possible then more people will try.

      • MasterOBee Master/King@lemmy.world
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        11 months ago

        If the debt is impossible to pay off in a lifetime, people simply won’t pay at all.

        someone with a college degre makes 1-1.5m more in their lifetime than without.

        Does anyone you know have 1m in student loans?