Why Student Loan Forgiveness Is Even Less Likely Now

) While at least 550,000 student loan borrowers will get student loan forgiveness sooner, what does this mean for wide-scale student loan forgiveness? The answer::The major changes to public service loan forgiveness will cancel at least $4.5 billion of student loans. The latest student loan cancellation is another example of targeted student loan cancellation .

Since Biden doesn’t believe that he has the legal authority to enact wide-scale student loan cancellation for every student loan borrower, Biden has opted for fixing student loan forgiveness over simply cancelling all student loan debt. Importantly, “student loan cancellation” and “fixing student loans” are not necessarily compatible. You can think of it this way: The good news is that Biden wants to fix your student loans and student loan forgiveness.

Stop it this is a troll

BECAUSE BIDEN IS AN IDIOT!

The interest rates are absurd . And also should not be accruing while the student is in college..wracking up interest debt while a full time student ..graduating with owing so much more than they should . Prevents students from moving forward like they should

Student Loan Forgiveness highlights a Pillar of the Democratic Party...Fiscal Irresponsibility.

Not surprised

IMHO makes no sense. No one should borrow $ if one cannot pay it back and if they do borrow there should be collateral in case one doesn't pay it back. Can see extending payback time, reducing payment amounts but forgiving amount owed, no.

why would you even consider doing so? should responsible ppl who paid their loans forfeit those who weren't?

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