• DamarcusArtEnglish
    20·
    8 months ago

    Dat reply though.

    Americans live in a fucking fantasy land.

    • InevitableSwing [none/use name]@hexbear.netOPEnglish
      14·
      8 months ago

      And the percentage of student loans that has been forgiven is small. I saw a tweet with a pie chart but I couldn’t find it so I had to google.

      Student loan debt totals $1.74 trillion and is held by about 43.5 million Americans, with the average monthly payment amounting to $337.

      -–

      The administration has forgiven $136.6 billion for more than 3.7 million student loan borrowers in the first three years of Biden’s presidency.

      If my math is right that’s ~13% of the loans have been forgiven for ~8.5% of the people with loans.