Do Americans Have to Apply for Student Loan Forgiveness?
Social media discussed student loan forgiveness applications as part of the Biden administration’s newly-unveiled plan.
Social media discussed student loan forgiveness applications as part of the Biden administration’s newly-unveiled plan.
The Biden administration’s student loan forgiveness plan, announced in August 2022, included refunds on payments made after March 2020.
As the American public discussed an August 2022 move by the Biden administration to cancel some student loan debt, some of its more vocal critics on social media were accused of receiving PPP “loans.”
What looks like a satisfying debt hack in reality has very limited applications.
Ongoing discourse about student loan repayment included a tweet claiming American student loans cost more to service than they yield in payments each year.
The six-month reprieve on making payments only applies to some borrowers.
A popular thread on Reddit’s r/SandersforPresident and r/all involved the Democratic presidential candidate’s purported role in making student loans non-dischargeable in bankruptcy.
In February 2020 a screenshot of a tweet circulated with the claim that a sizable number of states were suspending licenses for people unable or unwilling to pay back student loans.
A false claim on a Fox talk show has survived online in several iterations.