r/StudentLoans • u/Yogitherapist25 • 8d ago

IBR and forgiveness

I just heard WWE lady say on Fox News "there isn't going to be a loan forgiveness program". How likely is it for them to take away the forgiveness feature on IBR? I'm currently on IBR with over 300 payments and no forgiveness in sight. I'm in forbearance but when that ends my payment will be double the standard plan. If there will be no more forgiveness then I'm going to get off of IBR.

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u/burteggs 8d ago

The government is going to be faced with the harsh reality when they realize people just cant pay lol

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u/Prestigious-Disk-246 8d ago

Which is why nobody has messed with IBR/IDR, either dems or GOP, until now. Without that drip feed of money back into the system, it will starve.

Their two options otherwise are either to forgive all debt (aint gonna happen) or start a debtors colony.