Student debt continues to be a significant issue in the United States, impacting an estimated 42.8 million borrowers, including both current students and graduates. Throughout the COVID-19 pandemic, hopes were raised among millions of borrowers regarding the possibility of complete loan forgiveness, although this promise did not come to fruition. In response to these expectations, […]
Tag: Student Debt
Yes, college graduates deserve student loan forgiveness. (Op-Ed)
President Joe Biden has announced a new plan for student debt forgiveness that aims to help people experiencing “hardship.” The eligibility to receive this aid would be determined based on several factors, such “as a borrower’s total student loan balance and required payments relative to household income, and whether a borrower has high-cost burdens for […]