Student LoansDays before President Joe Biden announces his decision on student loan forgiveness, a major new plan for student loan forgiveness has rocked Capitol Hill. They’re hoping for $50,000 of student loan forgiveness but expecting $10,000 of student loan cancellation. End student loan forgiveness for these borrowersSecond, the new bill would end student loan forgiveness for public servants. When student loan interest is capitalized, accrued student loan interest is added to your student loan balance. Student loan interest would be limited to 10 yearsFourth, in a big win for student loan borrowers, the bill would limit student loan interest to 10 years.

Source: Forbes August 07, 2022 21:42 UTC