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Response to DemocracyWins202 (Original post)

Wed Aug 24, 2022, 01:21 PM

1. No need anymore

Biden has fixed the student loan debt crisis with his repayment rules announced today. Making the income based repayment plans 5% of discretionary income versus the old 10% halves peoples payments. And redefining discretionary income as 2.25 times the poverty rate income vs the old 1.5 times subtracted from your adjusted gross income means payments are more than halved.

It's a total game changer and a permanent solution.

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