Thousands of current and former students have had their debt wiped clean, with the possibility for further breaks on the horizon. Federal Student Aid estimates that approximately 40,000 individuals will receive "immediate debt cancellation" under new guidelines for the Public Service Loan Forgiveness Program. President Biden has twice extended a pause on student loan payments, which first started in March 2020 to alleviate the economic fallout from the COVID-19 pandemic and response. CLICK HERE TO GET THE FOX NEWS APPRep. Ro Khanna said he's concerned student loan debt could prevent Americans from starting families or buying homes. Khanna said opponents of student loan forgiveness argue that if they or their parents paid for student loans, then everyone should.

Source: Fox News April 20, 2022 16:39 UTC