Student Loan Forgiveness Won’t Be Available To These Borrowers

Student loan forgiveness won’t be available to these student loan borrowers.

Here’s what you need to know.

If there is more student loan forgiveness, it’s clear who it will help. Democrats in Congress and President Joe Biden agree that there should be wide-scale student loan forgiveness. However, they disagree on at least two points on student loan cancellation. First, while Sen. Elizabeth Warren (D-MA) and Senate Majority Leader Chuck Schumer (D-NY) want up to $50,000 of student loans cancelled, Biden wants up to $10,000 of student loans forgiven. Second, Warren...