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The Short Answer

5 Questions About Student Loan Forgiveness

We take a closer look at the numbers to determine the impact of canceling student loans at different levels on both individual households and the larger economy.

What if your student loans could just … go away?  

For years, student loan cancellation seemed like a progressive pipe dream. But now it’s gaining real momentum and mainstream support. President Joe Biden’s office said he would ask Congress to cancel $10,000 in student debt for all borrowers.