Cancel student loan debt - News Summed Up

Cancel student loan debt


But President Biden can help the economy and his cause if he were to follow through with his campaign promise and forgive college student loan debt. Forbes has also found that more than half of students leave college with debt, averaging $28,500 in debt per student. Cutting students' loan debt could infuse the economy with a level of relief and spending. Researchers at Moody’s have reported that universal student loan debt cancellation would only marginally increase the U.S. government’s debt burden. Even if he were to cancel only a portion of student debt, it is more than warranted and long overdue.


Source: Forbes August 05, 2022 18:28 UTC



Loading...
Loading...
  

Loading...