An overview of President Biden's Plan for Student Loans | Arts And Entertainment
On his first day in office, President Joe Biden issued an extension of student loan forbearance; freezing all payment deadlines until September 30 of this year. In addition to this several-month pause, Biden has supported canceling $10,000 in federal loan debt per borrower as another form of COVID-19 aid. On Jan. 8, David Kamin, deputy director of the National Economic Council, indicated this proposal was still on the table for the presidential cabinet. âThe challenges weâre facing are unique, and that will require a unique and aggressive response,â...