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Biden Administration Considers Student Debt Cancellation

Student loan forgiveness may soon be on the horizon. A look at what could be in the plan.

Aired 05/04/2022 | Rating NR

Chicago Tonight

Biden Administration Considers Student Debt Cancellation

Clip: 5/4/2022 | 8m 42sVideo has Closed Captions

Student loan forgiveness may soon be on the horizon. A look at what could be in the plan.

The Biden Administration has floated vague proposals to eliminate billions in collective student debt. It could set a limit of anywhere between $10 and $50-thousand dollars, and apply only to non-wealthy earners. Those details have yet to be ironed out, but not everyone is on board with the idea to begin with.

Aired 05/04/2022 | Rating NR

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