“The White House is still considering the details of an announcement on student loan forgiveness – and it’s unclear how far President Joe Biden could go on student loan cancellation.
“Here’s what you need to know — and what it means for your student loans.
“According to the Washington Post, the White House hasn’t finalized details on broad student loan forgiveness. (Other reporting notes student loan forgiveness could come as early as tomorrow).
“With only days away until the expiration of the student loan payment pause, Biden’s announcement on the prospect of wide-scale student loan relief could come right before student loan borrowers are expected to restart federal student loan payments on September 1, 2022.
“Biden is considering whether to enact wide-scale student loan forgiveness for more than 40 million student loan borrowers. So, what’s the hold-up?”
Read more at Forbes