If every borrower identified by the Department decides to have his or her debt forgiven, the government will end up discharging more than $7.7 billion in debt, according to the Department.
Make it 100 trillion. Boom.
Freedom, relaxation and nothing to repay for anyone!!! Suck it world!!! World hunger, disease free, clean water for everyone!!! Thanks Ras!!!!! Woooooooooo
"The government identified eligible borrowers by matching Department of Education data on student loan borrowers with Social Security Administration data to determine which federal student loan borrowers are receiving disability benefits and whose conditions aren't expected to improve."
That means the recipients of this loan forgiveness are already receiving disability benefits...which means they have proven their disability to the SSA...which is usually a difficult thing to do.