During the 2020 presidential campaign, Joe Biden promised to forgive a large chunk of the country’s outstanding student loan debt.
Leah Millis | Reuters
Even before the pandemic cost Adam Anderson his job, repaying his student loans was a challenge. He owes more than $60,000.
He earned around $50,000 a year as a physical therapy assistant in Clearwater, Florida, but after his rent, other bills and student loans were paid off each month, little, if any money, was left over. “The day you get paid, you’re already counting down the days to your next paycheck,” Anderson, 31, said. When he was laid off in May, his bank account balance was less than $2,000.
He’s only been able to land a part-time job of late and his hours are inconsi…
Read the full article at: https://www.cnbc.com/2020/11/14/what-bidens-student-loan-forgiveness-plan-means-for-borrowers.html
