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Federal student loan payments were paused in 2020, giving borrowers breathing room amid the pandemic. A plan to forgive $10,000 in debt may be coming.
Federal student loan payments were paused in 2020, giving borrowers breathing room amid the pandemic. A plan to forgive $10,000 in debt may be coming.
There are many principles involved in canceling all or part of the $1.4 trillion in student loan debt, not the least of which is the moral hazard in forgiving debts
The U.S. moratorium on student-loan payments is slated to be lifted at the end of August, but more than half of borrowers said in a survey that they wouldn’t be able to make a single monthly payment today if they had to.
Laurene Transue cannot think too long about her student loan debt.