pips@lemmy.film to United States | News & Politics@lemmy.mlEnglish · 3 years agoBiden administration forgives $39 billion in student debt for more than 800,000 borrowerswww.cnbc.comexternal-linkmessage-square15linkfedilinkarrow-up110arrow-down10cross-posted to: news@kbin.socialpolitics@beehaw.org
arrow-up110arrow-down1external-linkBiden administration forgives $39 billion in student debt for more than 800,000 borrowerswww.cnbc.compips@lemmy.film to United States | News & Politics@lemmy.mlEnglish · 3 years agomessage-square15linkfedilinkcross-posted to: news@kbin.socialpolitics@beehaw.org
minus-squareVarcour@lemm.eelinkfedilinkEnglisharrow-up0·3 years agoForgiving student debt for 804k people costs 39 billion? So on average they owed 45,5 million in student debts? Like… what? How?
minus-squareJordan Lund@lemmy.onelinkfedilinkEnglisharrow-up1·3 years ago39 billion / 804,000 = $48,507.46 on average.
Forgiving student debt for 804k people costs 39 billion? So on average they owed 45,5 million in student debts? Like… what? How?
39 billion / 804,000 = $48,507.46 on average.