3.8K
9.08%
10-20k in student loan cancellation is just the beginning. It is not enough: For many borrowers, $10k hardly even covers the interest they’ve accrued on their balance. It’s particularly not enough for those with massive debt loads. But it’s also going to make a huge difference for the millions who started school and, for whatever reason, could not finish it — yet still carry the debt, without any of the benefits of a degree. And while the reforms to Income-Driven Repayment on undergraduate loans are going to make repayment so much less burdensome going forward (seriously, read about them, they’re game-changers) it’s also time to use the momentum to think bigger. I’ve collected a bunch of stories of how life-changing this small amount of cancellation can be. Again: it’s not enough. But it is a beginning. Link to so many more stories in bio and my own stories.
3.8K
9.08%
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