That five% rate is cut in half from the present ten% payment rate that exists now, he added. A 1-time cancellation of $ten,000 for each borrower earning at least $125,000 a year could cost the government almost $300 billion, according to an estimate from the Penn Wharton Price range Model. More https://claytonzhpwg.slypage.com/24211551/information-on-loan-calculator