Did you read the details?
by vermin05 (2024-02-22 12:27:29)

In reply to: 153k loans disappear with the stroke of a pen...  posted by El Kabong

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It’s not random. The people who are getting their loans forgiven are those who have been enrolled and paying under the income based repayment program for 10 years. 12,000 dollars in principal are being forgiven and an additional 1,000 every year after. This program forgives all loans at 20 years. What exactly is so horrible? Your monthly payment is based on your income, and the only people who are still paying are those who don’t make enough income to have paid off all their loans in 10 years.

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