OPINION: Federal loan repayments remain on ice, Biden loan forgiveness plan unreliable
Alejandro Carbajal | Bridge illustration
By Alejandro CarbajalBridge IllustratorPublished Wednesday, May 18, 2022
Once again, federal student loan repayments and interest are frozen up until Aug. 31, as announced by Biden’s administration. Though it benefits the average individual, providing relief from repayment, the negatives fall upon the government and economy, which must bear the financial burden.
Biden loan forgiveness plan unreliable
By David Gomez Jr.Editor-in-chiefPublished Wednesday, May 18, 2022
About 43.4 million people hold federal student loans, according to the studentaid.gov website. Let’s let that sink in for just a moment.
About 92% of most loans, according to a Ju...