Comprehensive policy is crucial in solving the student debt crisis, experts say, but $10,000 of debt forgiveness could actually do a lot to help the people who need it most right now.
The president over the weekend signed a memorandum extending the current payment pause and interest waiver for most federal student loans through the end of the year.
A new study finds that the percentage of students from middle and higher-income families who take out loans to get a bachelor’s degree has more than doubled in the last 20 years.