The student loan debt crisis is now up to $1.7 trillion. Many federal loan borrowers were temporarily relieved of repayments during the pandemic, but they’re set to resume Feb. 1. And there’s no movement on canceling student debt.
Apr 13, 2021 |
Americans owe more than $1.7 trillion in student loan debt. Now, President Joe Biden is facing new calls to cancel $50,000 or more of loan debt per student. But critics say it would put an undue burden on Americans who never went to college.