this post was submitted on 14 Jul 2023
150 points (96.9% liked)

United States | News & Politics

7153 readers
689 users here now

founded 4 years ago
MODERATORS
pangyuehung@lemmy.ml
yogthos@lemmy.ml
150
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers (www.cnbc.com)
submitted 1 year ago by Pips@lemmy.film to c/usa@lemmy.ml
42 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 1 year 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 1 year ago

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

[–] htrayl@lemmy.world 4 points 1 year ago

How old and British are you?