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Last week, the Supreme Court struck down President Biden’s sweeping plan to cancel billions of dollars in student loan debt. Stacy Cowley, a finance reporter for The New York Times, explains what the decision means for borrowers now facing their first payments since a co ...
President Biden’s announcement this week that he would cancel chunks of student loan debt stands to have a major impact for many of the 45 million Americans who owe $1.6 trillion for having gone to college. Who will benefit from the plan, what will the cost be to the tax ...