Biden Administration's Student Loan Debt Plan Masterthread

[ashkir]

Clearly, not everyone is happy about this type of loan forgiveness program.  Some think it's too much, some think it's not enough.  I think the loan forgiveness is probably helpful for a lot of people but I hope they don't stop there.  The whole system needs overhauling and this would be a good time to do it.

This would have been the only time to do it, since it seems likely that Republicans are about to retake the House and this is not exactly an era of bipartisanship. But all the momentum on this has been on loan forgiveness via executive order rather than a legislative overhaul. Oh well.

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I'm curious how far back the PELL Grant awards can go...or is it if you where ever awarded a PELL Grant (in any amount, they don't say it has to be a full grant award).

I got a small Pell grant in 2004, so I'm basically the canary in the coal mine for whether it applies to "anyone". I look forward to finding out.

They stated if your pell grant isn't showing in fafsa you will be able to fill a form out by the end of the year.

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Feds added Purdue to the predatory school list! If you have loans for Purdue you can get it all forgiven!