(Bloomberg) — President Joe Biden announced a sweeping package of student-debt relief that forgives as much as $20,000 in loans for some recipients, a move he said would help a generation “saddl...
Tag: Forgive
A millennial who paid off $100K in student loans just months before Biden announced forgiveness says the president should ‘forgive all of it’
There was no confetti. No congratulations or fanfare of any kind. No one cheered for Steve, a 36-year-old software engineer in Texas, when he woke up at 6 a.m. on March 15, 2022, and made his final st...
Top economist Larry Summers recommends a way for Biden to forgive trillions in student debt—and it echoes what Sen. Elizabeth Warren says
A day after criticizing any effort by the Biden Administration to forgive student loan debt, former Treasury Secretary Larry Summers has offered an alternative. “I think the best way to relieve studen...
Will Biden forgive student loan debt? Here’s where things stand now
Borrowers could soon get good news: It seems likelier than ever that President Joe Biden will take the extraordinary step of announcing widespread federal student loan debt forgiveness in the coming w...