this post was submitted on 14 Jul 2023
10 points (100.0% liked)

United States | News & Politics

8612 readers
226 users here now

founded 5 years ago
MODERATORS
pangyuehung@lemmy.ml
yogthos@lemmy.ml
10
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
15 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Varcour@lemm.ee 0 points 2 years ago (1 children)

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

[โ€“] jordanlund@lemmy.one 1 points 2 years ago

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