Birdwatch Note Rating
2023-08-08 01:58:14 UTC - HELPFUL
Rated by Participant: BD64A42746D5B2B804C14E3FC120D7C1844AEC7CB9B97BC843A77BB80CFBC42A
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