• omnichronos@lemm.ee
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    2 days ago

    I’m so glad that I got a surprise letter in January of 2024 stating that the Biden SAVE program had forgiven my entire $320,000 worth of student loans. I had originally borrowed $150k.

    • madcaesar@lemmy.world
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      2 days ago

      Wait, was that all fucking interest???

      Also for 150k you better be a fucking doctor, mate.

      • anachronist@midwest.social
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        14 hours ago

        This isn’t uncommon, there are deferral programs for student loans but these typically come with compounding interest (basically, your payments are covered each month by an additional loan which gets added to the principle).