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I didn't think it was possible with the epic student loan debacle for it to get any dumber out there, but it has.

It's not good, Dave. Student loan repayment.

Four million people have enrolled in Biden's save plan ahead of the payment restart.

According to CNN.com. Yes. Now we know a lot of these people were probably automatically enrolled.

It says the majority of them. So basically CNN's headline is a lie. Yeah. Four million people enroll in Biden's save plan ahead

of payment restart. No, they didn't. The vast majority of them were automatically defaulting

default enrolled. They didn't voluntarily enroll. They didn't actively enroll. So they didn't

enroll. That's right. You pushed them in like cattle. You pushed them in. That's not enrolling.

And so the majority of them came out of the other

program that failed called repay, and now we're into save because we have to have acronyms in

Washington for our stupidity. Right. It makes it sound better than what it is because what it is is a trap.

God, this thing is awful. It says launched earlier this summer. The save plan, save, they call it saving on a valuable education.

That's laughable.

It's available to most people with federal student loans.

And this is what they're saying.

It can provide, in air quote, significant relief to borrowers struggling to pay off their student debt.

I would not be struggling to pay off. It would be struggling to pay off their student debt. It would not be struggling to pay off.

It would be struggling to pay. Yeah. It does do that. Yeah. Okay. So basically if you sign up or accidentally were enrolled, even though you didn't enroll, in the new save plan, and you're one of those

four million lost souls, here's what you're

signed up for uh you have a formula based on the poverty level that dictates the dollar amount

per month that you are to pay if it does not cover the interest being charged on your student

...