February 27, 2023
Who Has Student Loan Debt in America?
Millions of Americans rely on the federal government to cover the cost of college. Public awareness of education debt is high as President Biden’s student loan forgiveness plan goes to the Supreme Court Tuesday. The plan would cancel up to $10,000 in federal student loan debt for many borrowers, and up to $20,000 for Pell Grant recipients. Here’s how student loan debt shakes out and who could stand to benefit.