# Thousands of dollars in student debt cancelled. Good news, right?

**URL:** <https://boards.straightdope.com/t/thousands-of-dollars-in-student-debt-cancelled-good-news-right/970242>\
**Category:** Politics & Elections\
**Created:** [August 24, 2022, 7:55pm UTC](https://boards.straightdope.com/t/thousands-of-dollars-in-student-debt-cancelled-good-news-right/970242 "2022-08-24T19:55:31Z")\
**Posts on this page:** 1\
**Showing post:** 55

<div class="post-metadata">

**Author:** ![Mr.E](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mr.e/32/8932_2.png) [@Mr.E](https://boards.straightdope.com/u/Mr.E)\
**Post date:** [August 24, 2022, 10:40pm UTC](https://boards.straightdope.com/t/thousands-of-dollars-in-student-debt-cancelled-good-news-right/970242/55 "2022-08-24T22:40:01Z")

</div>

My wife went to school over a decade ago, experienced several health crises, and never finished. She still owes over $14,000 in debt. In fact, she owes more now than she did when she took the loans out because of interest and income-based deferred payment. She’s not a doctor or a lawyer or anything, just a woman approaching middle-age still carrying the baggage of poor decisions made in youth and bad luck. She is the sort of person this cancellation is meant for.

---

_[View the full topic](https://boards.straightdope.com/t/thousands-of-dollars-in-student-debt-cancelled-good-news-right/970242)._