Federal student loan borrowers can expect “the most affordable student loan plan ever”, Biden said in a video address on Tuesday announcing significant changes to the debt from higher education held by over an eighth of the country.

  • stratoscaster
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    10 months ago

    What? You do know that the poverty line is used as a base reference often right? Usually government assistance programs will qualify based on anyone below X% of the poverty line like 200% or something. You don’t have to be at or below the poverty line to qualify.

    I really don’t know if you’re being serious, but the points you’re bringing up seem like nonsense. Obviously there are ways to manage these things, it just depends on how you want to go about it.

    • SupraMario@lemmy.world
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      10 months ago

      The point is, you’re still allowing colleges to charge whatever the fuck they want and they know the feds will pay it. Without the loans they’ve got to actually get serious about the bullshit spending they do and properly price the cost of attendance.