The debt forgiveness, which will go to borrowers with a total and permanent disability, will be automatically granted using data already available to the Social Security Administration.
It’s only fair. The problem is those who try to cheat the system, who try to use it for fraudulent means.
That isn't as big a deal as some of us would like. The current SSDI and SSI allows you to get out of debt with a 3 year waiting, no work allowed. Once a doctor signs off on it. Since most on SSDI SSI aren't working anyway (and yes I know many want to work on SSDI part time - I wanted to and had to wait 3 years).
More people's debts should be canceled. Student loan debt should be canceled by bankruptcy - it isn't, thank you Bush Sr. All with bankruptcy past or present should have it forgiven as well.
Biden had a big part in that too, which may explain his hesitancy [theintercept.com]
Should be a great shot in the arm for the Economy too!