Student Loan Forgiveness Plan and Inflation Reduction Act: Are These New Policies Inflationary or Deflationary?
Inflation is top of mind for consumers and market participants. In the United States, many are questioning whether student loan forgiveness will make inflation worse, and if the recently passed “Inflation Reduction Act” will offer relief.
Follow These Steps To Get Your Student Loan Forgiveness
The Biden administration's announcement that qualifying borrowers can receive up to $20,000 in forgiveness on federally held student loans first elicited cheers from many of the 43 million Americans eligible to have their debt wiped. Then came a barrage of questions.
'Good Luck Finding It'- Confused Borrowers Scramble for Student Debt Relief Details
President Joe Biden’s announcement that he will cancel up to $20,000 in federal student loans for qualified borrowers could help score him points with progressives and young voters while fulfilling a promise he made when running for office.
College Tuition Is Too High, But It Isn't Actually Rising
If there’s anything fans and foes of President Joe Biden’s student loan-forgiveness initiative can agree on, it’s that it doesn’t do anything to address the real issue: the ever-rising cost of college and attendant accumulation of debt.