Econ 101:  Student Loan Forgiveness

“The Biden administration recently announced it will forgive roughly $500 billion in student debt…. Borrowers whose income was under $125,000 ($250,000 if married) in either 2020 or 2021 are eligible.” “Does Biden’s student debt forgiveness achieve his stated goals” Biden would forgive this government guaranteed debt by executive order. Congress has not passed a law … Continue reading Econ 101:  Student Loan Forgiveness