Ye scurvy dogs, Biden be cancelin' $7.7 billion o' debt! Thar be hoistin' the Jolly Roger on them loans! Argh!
2024-05-22
Arrr! President Joe Biden be announcing on Wednesday the canceling of some $7.7 billion in student debt for another 160,000 borrowers. Aye, the latest relief will go to them scallywags in three categories: those eligible for debt cancellation through the Public Service Loan Forgiveness program, them enrolled in a new income-driven repayment plan, and those in earlier income-driven plans. The administration be announcing new measures to help the crew in need. Aye, a fine gesture indeed!
Arr mateys! Listen up ye scallywags, fer some good news be afoot from the high seas of Washington! President Joe Biden be makin' a grand announcement that he be cancelin' some $7.7 billion in student debt for another 160,000 borrowers. Aye, ye heard me right!This latest relief be goin' to borrowers in three categories: almost 67,000 lucky souls who be eligible for debt cancellation through the Public Service Loan Forgiveness program, approximately 54,000 who be sailin' on a new income-driven repayment plan, and 39,200 who be enrolled in earlier income-driven plans. Aye, that be a fair bit o' treasure bein' washed away!
The administration be keepin' their promise to help those in need, and this be just the latest in their efforts to ease the burden of student debt. So raise yer grog and give a cheer for President Biden and his crew for makin' a difference in the lives of many a weary borrower. Fair winds and smooth sailin' ahead, me hearties!