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I went to Katie Lobosco, the CNN writer who covers student loans, for a better understanding of how much student debt exists, who holds it, and what else the government might do about it.Our emailed conversation, edited slightly, is below.Read MoreA massive pile of debtWHAT MATTERS: First, can you lay out how big of an issue student debt is in the US? How much is owed and by how many people?LOBOSCO: It's big. Americans owe nearly $1.
zbyronwolf Back in the 90s we did a tour on drswithoutborders that promised help with our student loan debt. Somehow someway that assistance was yanked from us while on tour. We were not notified of that while in tour. Ended up with loan deferrals that accrued major interest.
zbyronwolf Not Brandon! Lol
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Biden pressured by the Left on student loansThe student loans debate is the latest issue in which President JoeBiden finds himself caught between the Democratic Party's centrist and liberal wings.
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How the Biden Administration is changing federal student loan policies without canceling debtPresident Joe Biden campaigned on canceling student debt. While he hasn't taken direct action, the White House has made a few key changes to make student debt more manageable. However, he faces pressure to do more. They have cancelled debts of certain groups. They also forced colleges and servicers to credit large amounts. These actions are chipping away at the total debt owed. The long suspension of payments also demonstrates the negligible effect it has on the budget. With exactly one year of the presidency under his belt, Joe Biden has canceled more than $11 billion in federal student loan debt.... How about he cancel it all I'm going to have to look for a 2nd and third job just to pay off everything.... 🤬🤬🤬🤬
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