President Biden and Democrats, plagued by inflation, will head into next week’s midterm elections touting millions of jobs added since the 2020 cycle and unemployment at historic lows.
Patrick Gourley, an Associate Economics Professor at the University of New Haven, has important information for borrowers seeking to have their student loans.
Jobless claims have drifted lower even amid rising fears of an economic downturn, suggesting that layoffs are rare and slightly increasing the odds that Federal Reserve Chairman Jerome Powell will be able to steer the country away from a recession.
President Joe Biden’s move to forgive mountains of student loan debt may offset any inflation reductions from Democrats' recently enacted Inflation Reduction Act.