Disadvantages: Total student loan cancellation of $1.7 trillion comes with a substantial price tag. There are administrative challenges to canceling private student loans, which aren't owned by the federal government. Higher-income earners and student loan ...
source https://www.forbes.com/sites/zackfriedman/2022/04/25/student-loan-relief-5-ways-biden-can-deliver-student-loan-forgiveness/
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