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Southern states to get most relief from Biden's student debt plan, N.Y. Fed says

President Biden's loan forgiveness plan will wipe out about one-third of student debt owed to the federal government, with lower-income borrowers and those living in Southern states getting the biggest boost, according to analysis by the Federal Reserve Bank of New York. ....

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Student loan delinquencies are likely to see 'meaningful rise,' New York Fed says

Federal student loan borrowers are likely to experience a notable increase in delinquencies once forbearance concludes in May, a report from the Federal Reserve Bank of New York found. ....

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