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Students Lament Biden Refusal to Cancel $50,000 in Student Debt nbclosangeles.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbclosangeles.com Daily Mail and Mail on Sunday newspapers.
The payment pause on federal student debt during the coronavirus pandemic has offered Maduro, who lives in Charlotte, North Carolina, a rare opportunity to chip away at the balance of her highest-interest loans and even start building an emergency savings fund. Meanwhile, the president s proposal to forgive up to $10,000 in student debt per borrower, which is still on the table, would go a long way toward achieving even greater financial milestones, Maduro said, such as buying a car or saving for the down payment on a house. That s essentially a whole year of payments that would be taken care of, she said. Even just having a whole year of that money saved I ll know that if anything happens, I ll feel confident I can bounce back. ....