Across the United States, 45 million borrowers now owe $1.6 trillion in debt for federal loans taken out for college — more than consumers owe on any other debt except mortgages.
For the past two years, beginning as the pandemic spread, the U.S. government has allowed tens of millions of Americans to stop paying back their students loans.
This experiment i ... Show More
Mar 2023
One Thing: Will the Supreme Court Flunk Biden’s Student Debt Plan?
Last week, the Supreme Court heard oral arguments in two challenges to President Joe Biden’s student debt forgiveness plan. While we wait for a ruling, millions of eligible borrowers remain in limbo, wondering just how much they will owe when payments resume. We break down how th ... Show More
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