What Biden’s student loan forgiveness plan would mean for borrowers
What Biden’s student loan forgiveness plan would mean for borrowers
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 inconsistent.
