Thursday, September 29

Student Loan Forgiveness: The Best for Students, Woe to Taxpayers

Biden Student Loan Forgiveness of Upto $10,000

It will be remembered that President Biden once said in April, “I am considering dealing with some debt reduction. I am not considering a $50,000 debt reduction. But I’m in the process of taking a hard look at whether or not there will be additional debt forgiveness,”

student loan forgiveness

Well, as he promised, he seems to have come to a conclusion where he promised to cancel at least $10,000 in federal student loan debt per borrower.

ALSO READ: Top 5 Features of the Best Student Loans in 2022

If he keeps his word on student loan forgiveness, American taxpayers should be ready to go deeper into their pockets to pay the billions of dollars.

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