The Biden administration has extended the student loan repayment pause through the end of the year, approved up to $10,000 in debt forgiveness for borrowers based on their income, as well as relief for Pell Grant recipients. Concerns about the decision’s impact on inflation and taxpayers are rising while supporters say it will help with inequities in student loan debt.
08/24/2022 3:00 P.M.
7 minute read
Key Takeaways
- These broad blanket “forgiveness” policies the administration is working to implement are not tailored to only those in need.
- Questions remain about how
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