Birdwatch Note Rating
2023-07-15 02:57:06 UTC - HELPFUL
Rated by Participant: 835EA88DFDA657CC1590ED2616654A0817383AA801966CE4E5AE66882F582473
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