President Biden announces student loan forgiveness
Ahead of another deadline on the restart of payments for America's $1.7 trillion in federal student loans, President Joe Biden on Wednesday announced a plan to cancel debt for a subset of Americans and continue to keep a pandemic-era pause on the repayments -- a sweeping move he has openly weighed in some form or another since his time as a candidate.
American women hold two-thirds of all student debt—here’s why
According to the American Association of University Women (AAUW), women hold roughly two-thirds of all student debt in the nation. As of 2019, women hold almost $929 billion in outstanding student debt.
A recent report from student loan refinancing company Laurel Road suggests that a major reason for this disparity is because women are less likely to understand how student debt works.