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Johnny2X2X

(19,061 posts)

9. 5% pay as you earn please!

Reply to babylonsister (Original post)

Sat Mar 6, 2021, 12:05 PM

Mar 2021

On Biden’s campaign website it detailed a plan to change the pay as you earn from 10% to 5% of adjusted income. This would be life changing and halve the payments of the worst off borrowers.

Please do this!!!

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14 replies

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Highlight:

Senate Bill Clears Hurdle to Forgive Student Loans [View all] babylonsister Mar 2021 OP

WOW . .. . Iliyah Mar 2021 #1

That headline (not yours) is misleading. It really has nothing to do with forgiving debt, but.... George II Mar 2021 #2

Forgiving the tax burden is indeed huge although the headline could use clarification Lizard242 Mar 2021 #4

You're right. It IS misleading. I didn't catch that at first. FlyingPiggy Mar 2021 #8

Correct and helpful observation grantcart Mar 2021 #10

Every time we do something to help people out KS Toronado Mar 2021 #3

did they ever take a nap break last night? orleans Mar 2021 #5

This message was self-deleted by its author Fla Dem Mar 2021 #6

Not clear...so did the bill pass in the Senate? If so, fantastic! Fla Dem Mar 2021 #7

It would apply to all student loan debts mvd Mar 2021 #11

5% pay as you earn please! Johnny2X2X Mar 2021 #9

I have a little ambivalence about this issue. BobTheSubgenius Mar 2021 #12

Societal interest Sanity Claws Mar 2021 #13

Yes, I am aware of the arguments and agree with all of them. OK, maybe not ALL, BobTheSubgenius Mar 2021 #14