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Biden and Democratic lawmakers may need student loan forgiveness more than borrowers

With the effects of the pandemic still taking its toll, the Biden administration announced that the student loan payment moratorium will be extended to May 2022. Currently, 89% of borrowers remain unable to meet their payments at this time or anytime soon. With the moratorium announcement, the issue of student loan forgiveness has been brought […]

How Student Loan Forgiveness Could Change Lives In Texas

Reply As President Joe Biden faces mounting pressure to take action on student loan forgiveness, it’s a question that’s likely on the minds of millions of Americans with student loan debt. (Shutterstock) TEXAS What would you do with an extra $10,000 in Texas? What about $50,000? As President Joe Biden faces mounting pressure to take action on student loan forgiveness, it s a question that s likely on the minds of millions of Americans with student loan debt. While on the campaign trail, Biden said he supported canceling $10,000 in student loan debt per borrower as a way to stimulate the economy amid the coronavirus pandemic. Some members of Congress, however, are saying that isn t enough. They are asking him to forgive $50,000 per borrower.

How Student Loan Forgiveness Could Change Lives In North Carolina

How Student Loan Forgiveness Could Change Lives In North Carolina Patch 5 hrs ago Kimberly Johnson © Shutterstock In North Carolina, the average student loan balance per person is $39,965, according to Experian. NORTH CAROLINA What would you do with an extra $10,000 in North Carolina? What about $50,000? As President Joe Biden faces mounting pressure to take action on student loan forgiveness, it’s a question that’s likely on the minds of millions of Americans with student loan debt. While on the campaign trail, Biden said he supported canceling $10,000 in student loan debt per borrower as a way to stimulate the economy amid the coronavirus pandemic. Some members of Congress, however, are saying that isn’t enough. They are asking him to forgive $50,000 per borrower.

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