Biden Freezes Student Loans, Is A $10,0000 Cancellation To Close The Racial Wealth Gap Next?

resident Biden extended the student loan payment forbearance to Sept. 30 on his first day in office, with many people holding out hope of him canceling $10,000 in federal student loans. It would be a big win for those who attended public colleges or HBCUs earning less than $125,000 a year.