Financial advisor Michael Neuenschwander advises borrowers to take proactive measures to manage their student loans as repayments resume.
President Joe Biden on Wednesday touted his administration’s efforts to address student debt, including an additional $9 billion in relief that the White House announced.
The Biden administration on Friday asked the Supreme Court to reinstate President Joe Biden’s student loan forgiveness plan, which has been blocked by a federal appeals court.
President Biden announced his plan to forgive $10,000 in federal student loan debt to most borrowers while also extending the repayment freeze.
The Biden administration announced Wednesday that it will cancel up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.
