Birdwatch Note Rating
2023-07-15 11:46:32 UTC - HELPFUL
Rated by Participant: 4549C5881A7C53CFC1EE6D0E3F80C1B92D0982BB2321321652547EF20EFE508E
Participant Details
Original Note:
The $39B student loan forgiveness is the result of an audit to correct the count of the payments made under existing Income Driven Repayment (IDR) plans, announced in 2022. IDR forgiveness was approved by congress. It is unrelated to the Biden plan struck down by SCOTUS https://www.ed.gov/news/press-releases/department-education-announces-actions-fix-longstanding-failures-student-loan-programs https://www.mohela.com/DL/resourcecenter/IDRAccountAdjustment.aspx#:~:text=Any%20borrower%20with%20loans%20that,currently%20on%20an%20IDR%20plan https://www.ed.gov/news/press-releases/biden-harris-administration-provide-804000-borrowers-39-billion-automatic-loan-forgiveness-result-fixes-income-driven-repayment-plans
All Note Details