'Cancel it, don't means test it!' says IlhanMN of federal student debt.
that implementing a debt relief program that involves means testing would be a"nightmare" because the U.S. Department of Education lacks income information for most of the 45 million federal borrowers:
The Internal Revenue Service has relied on Americans' prior-year tax information to dole out benefits tied to income, such as stimulus checks and Democrats' expanded Child Tax Credit payments. The Education Department, by contrast, does not have access to that trove of income data. Federal law tightly restricts how the IRS can share taxpayer information with other agencies.
The result, Education Department officials have concluded, is that the agency is unable to cancel federal student loans based on a borrower's income level without requiring some action from the borrower. Department officials have told the White House they would need to set up some sort of application process to determine whether borrowers qualify for relief, according to the people familiar with the discussions.
That added layer of bureaucracy would likely take longer for the Education Department to implement compared with across-the-board forgiveness, and it would mean that borrowers would miss out on the benefit if they don't know to sign up or apply for it. "Another potential pitfall: A crush of borrowers all at once seeking to find out whether they're eligible for some loan forgiveness could also overwhelm the call centers of the Education Department's contracted loan servicers, who have reduced staffing over the last two years since most federal loan repayments have been frozen,"
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