The Biden administration is yet again extending the pause on federal student loan payments, a benefit that began in March 2020 to help people who were struggling financially due to the Covid-19 pandemic. The extension comes as the Biden administration’s student loan forgiveness program is tied up in the courts. Officials had told borrowers the […]
Tag: Debt Forgiveness
Student Loan Forgiveness will hurt U.S. Economy
On Wednesday, President Joe Biden announced a plan to cancel a significant amount of student loan debts for tens of millions of Americans who borrowed money to go to college in recent years. Specifically, Biden said he would wipe out $10,000 in debt for those earning less than $125,000 per year and $20,000 for those […]