Who will be most impacted by student loan forgiveness?

21-WFMJ News Podcast

21-WFMJ News Podcast
Who will be most impacted by student loan forgiveness?
Aug 24, 2022 Season 3
21-WFMJ Newsroom

In this edition of the 21 News Podcast, Erin Simonek speaks with Betsy Mayotte of the Institute of Student Loan Advisers about who will likely be most impacted by the President's plan to forgive $10,000 in student loan debt. Is there any downside? Is the plan likely to affect inflation? Does it go far enough? Mayotte takes us through the likely effects of the plan for most borrowers.