Here are 4 signs that Biden may not cancel student loan debt on a mass scale:
Advocates for student loan borrowers continue to push the Biden administration to enact mass, across-the-board student loan forgiveness. But there are several signs that this may not happen.
As first reported by POLITICO, the Biden administration is currently working on detailed plans to transition millions of borrowers from the current national payment pause to the resumption of payments in February. These plans reportedly may include a massive outreach campaign, a generous grace period for missed payments, and streamlining of applications for new repayment plans. Biden hadto January 31, 2022 earlier this year.
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