It’s important to note that this isn’t some new blanket forgiveness. These are people who have been paying on their loans for 10 years. People who should’ve already been eligible for loan forgiveness under existing policies and who have already paid more than they took out in many cases.
This forgiveness is for people who have been paying on their loans for 10 years. I don’t think there are many people who:
AND
Why? Interest is a bitch. If there are people who meet those three conditions, there probably aren’t many of them.