On Wednesday, President Biden announced the largest cancellation of student debt in U.S. history. WSJ's Gabriel T. Rubin walks us through how the plan came together and what it means for borrowers.
Further reading:
-Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions
-Student-Loan Forgiveness: Who Qualifies for Biden’s Plan, and What It Means for Borrowers
Further listening:
-How Biden Plans to Tackle Student Debt
-Is Graduate School Worth the Price?