https://old.reddit.com/r/worldnews/comments/1gw44qk/biden_administration_moves_to_forgive_47_billion/
The Biden administration has moved to forgive about $4.7 billion in U.S. loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.
A funding bill passed by the U.S. Congress in April included just over $9.4 billion of forgivable loans for economic and budgetary support to Ukraine's government, half of which the president could cancel after Nov. 15. The bill appropriated a total of $61 billion to help Ukraine fight the full-scale invasion Moscow launched in February 2022.
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Noooooooooo they should use that money to forgive student loans instead noooooooooo
Alexa, how much student loan debt can we pay off with a massive 4.7 BILLION DOLLARS???
Oh.
Frick Russia kill all Vatnigs give Ukronazis another 200 billion dollarinos and 25,000 missiles to blow up more Soviet wannabe r-slurs with ZERO american casualties. Best deal of the last 30 years of armed conflict.
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Um sweaty that's very small brained of you.
The average Federal Loancel has 37k in student loan debt (SLD).
That could pay off ~130 THOUSAND loans
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I unironically agree with student loan forgiveness but only for attractive women.
There are so many girls I go on dates with but are basically impossible to marry because they are 280k in the red due to their social work degree that they got from a private school (and some of them want to go back for their masters).
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Can you file bankruptcy from student loans? Don't know about the US system if that works at all, but it might be better to be debt free x years later.
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No, they're exempt.
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