ONLY 32 Student Loans Forgiven Since 1992!?

from Money, Business and Books with tha homies · host Literacy Kings

"Some 3.6 million student loan borrowers will be given three years of credit toward eventual debt forgiveness, through a revision of payment counting for the Department of Education’s income-based repayment program, which it says will address “data problems and past implementation inaccuracies.” The program was implemented in 1992 as a way for borrowers to use a portion of their income to pay off loans for 20 to 25 years and have their remaining balances forgiven at the end of that term, but almost no one has had their debt canceled via the program." via Forbes.com 🔐 Join our Patreon community to get early access, exclusive content, merch, and become a part of our private community!  👉 https://www.patreon.com/LiteracyKings  CashApp: https://cash.app/$literacykings  Our Bitcoin Address: 3Km6ecG4bfrEtBN3PSARrdx3c9dAx6i4Pd  🎙 Listen to FREE Audiobooks https://www.audibletrial.com/LiteracyKings  📚 Books we're Reading and Recommend: https://www.amazon.com/shop/coreypaulmusic  💦 New Literacy Kings Merch https://literacykings.bigcartel.com  💸 INVESTING 💸  📊 Learn & Invest with Robinhood App: https://rebrand.ly/RobinhoodApp  💰 Save and Invest with Stash App: https://rebrand.ly/StashApp  💵 Bitcoin, Crypto, & Stocks on CashApp: https://rebrand.ly/GetCashApp  🏧 Greenwood Bank (Black Owned): https://rebrand.ly/bankgreenwood  HIT US UP! Literacy Kings. - https://www.instagram.com/literacykings  Music Production: Rafael "Box” Hernandez https://www.beatstars.com/boxoflegacy  DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!  © Literacy Kings LLC

What this episode covers

"Some 3.6 million student loan borrowers will be given three years of credit toward eventual debt forgiveness, through a revision of payment counting for the Department of Education’s income-based repayment program, which it says will address “data problems and past implementation inaccuracies.” The program was implemented in 1992 as a way for borrowers to use a portion of their income to pay off loans for 20 to 25 years and have their remaining balances forgiven at the end of that term, but almost no one has had their debt canceled via the program." via Forbes.com 🔐 Join our Patreon community to get early access, exclusive content, merch, and become a part of our private community! 👉 https://www.patreon.com/LiteracyKings CashApp: https://cash.app/$literacykings Our Bitcoin Address: 3Km6ecG4bfrEtBN3PSARrdx3c9dAx6i4Pd 🎙 Listen to FREE Audiobooks https://www.audibletrial.com/LiteracyKings 📚 Books we're Reading and Recommend: https://www.amazon.com/shop/coreypaulmusic 💦 New Literacy Kings Merch https://literacykings.bigcartel.com 💸 INVESTING 💸 📊 Learn & Invest with Robinhood App: https://rebrand.ly/RobinhoodApp 💰 Save and Invest with Stash App: https://rebrand.ly/StashApp 💵 Bitcoin, Crypto, & Stocks on CashApp: https://rebrand.ly/GetCashApp 🏧 Greenwood Bank (Black Owned): https://rebrand.ly/bankgreenwood HIT US UP! Literacy Kings. - https://www.instagram.com/literacykings Music Production: Rafael "Box” Hernandez https://www.beatstars.com/boxoflegacy DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love! © Literacy Kings LLC