“With today’s announcement, we are once again sending a clear message to borrowers who had low balances: if you’ve been paying for a decade, you’ve done your part, and you deserve relief,” Education Secretary Miguel Cardona said in a statement.
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Hey fellow taxpayers, I’ve been paying on my mortgage for a couple of decades now.
I’ve done my “part”.
Are you ready to do yours and cover the rest for me?
Because I deserve relief!
Or saying it another way, I’ve been paying my federal taxes for over 50 years now. I have done my part, so no need to pay any more taxes.