Biden's student loan forgiveness plan could erase up to $20,000 in interest
President Joe Biden's new plan to "cancel runaway interest" on student loans may reach as many as 25 million borrowers.
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President Joe Biden's new plan to "cancel runaway interest" on student loans may reach as many as 25 million borrowers.
President Joe Biden proposed expanding access to free community college across the U.S., and other initiatives to make higher education less costly.
86.4% of Black bachelor’s degree holders and 81% of Black students pursuing master's and doctoral degrees borrow for school.
Jayk7/Getty Images(NEW YORK) -- In the first week of October, Kennedy Quintanilla will do something she has not had to do since graduating from college two years ago: make a student loan payment. "Reality is setting in," Quintanilla, a 2021 graduate of the University of Texas at Austin with over $26,000 in student loan debt, told Good Morning America. "It’s extraordinary stressful." As someone who graduated college amid the coronavirus pandemic, Quintanilla, 24, will be one of thousands of borrowers making their first-ever student loan payment in October, when payments re...
In the first week of October, Kennedy Quintanilla will do something she has not had to do since graduating from college two years ago: make a student loan payment. As someone who graduated college amid the coronavirus pandemic, Quintanilla, 24, will be one of thousands of borrowers making their first-ever student loan payment in October, when payments resume after a three-year pause. The first-time payments are particularly impacting members of Gen Z, like Quintanilla, who were born after 1996 and who are on track to be the best-educated generation in American history, according to The Pew R...