this post was submitted on 14 Jul 2023
168 points (97.7% liked)

United States | News & Politics

7192 readers
1 users here now

founded 5 years ago
MODERATORS
pangyuehung@lemmy.ml
yogthos@lemmy.ml
168
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers (www.cnbc.com)
submitted 2 years ago by Pips@lemmy.film to c/usa@lemmy.ml
39 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Varcour@lemm.ee -4 points 2 years ago (2 children)

Forgiving student debt for 804k people costs 39 billion? So on average they owed 45,5 million in student debts? Like... what? How?

[–] jordanlund@lemmy.one 9 points 2 years ago

39 billion / 804,000 = $48,507.46 on average.

[–] htrayl@lemmy.world 4 points 2 years ago

How old and British are you?