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[https://www.cnbc.com/2024/04/08/bidens-student-loan-forgiveness-plan-could-erase-up-to-20000-in-interest.html](https://www.axios.com/2024/04/08/student-loan-forgiveness-biden-new-plan) - [Archive](https://archive.today/qLrUr) [Biden’s new student loan forgiveness plan could erase up to $20,000 in interest for millions of borrowers](https://www.cnbc.com/2024/04/08/bidens-student-loan-forgiveness-plan-could-erase-up-to-20000-in-interest.html) - [Archive](https://archive.today/tqsBr) [President Joe Biden Outlines New Plans to Deliver Student Debt Relief to Over 30 Million Americans Under the Biden-⁠Harris Administration](https://www.whitehouse.gov/briefing-room/statements-releases/2024/04/08/president-joe-biden-outlines-new-plans-to-deliver-student-debt-relief-to-over-30-million-americans-under-the-biden-harris-administration/) - [Archive](https://archive.today/jzw97)

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[–] 1 pt

Exactly. You will be paying for "Minority" people.

Also, there should not even be a consideration of any loan forgiveness until the government backed student loans are ended entirely. After that, we can talk about canceling interest and accrued interest but you MUST pay back what you borrowed.