The Policy and Politics of Student Loan Forgiveness

dotEDU: Higher Education Policy Explained · May 19, 2022 · 46m

Almost everyone has an opinion about student loan forgiveness. But it's often more complicated than many think. There are seven federal student loan programs and 16 repayment options. Which programs might be included in the Biden administration's loan forgiveness plan, if it happens? When might it happen? With potentially 45 million borrowers involved, will the administration make a tradeoff between ease of implementation and the ability to target it? And with the midterms just six months away, what are the politics of loan forgiveness? Jon Fansmith and Terry Hartle (try) to answer these and…