President Joe Biden’s decision to cancel student loans for an additional 150,000 borrowers in 2025 can be understood in the context of his broader efforts to provide targeted relief to students who face some of the greatest challenges in repaying their federal loans. Here are some key reasons behind that decision
In the United States, student loans have become one of the most common methods for funding higher education. As college costs continue to rise, many students and families turn to federal and private loans to make higher learning more accessible. Here are five key facts to help you understand the scope and impact of student loans.
President Joe Biden announced on Monday that 150,000 more people are getting their federal student loans forgiven. That means over 5 million borrowers have had their debt canceled since Biden took office.