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,"
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.
1 of 3
NEXT