Will Student Loan Forgiveness Ever Happen? Here’s What we Know:

Things are looking up for the 44 million Americans saddled with student loans. President Joe Biden has said he supports canceling $10,000 in student loans per borrower. Now, with pressure from progressives and borrowers, Biden has asked his education secretary to prepare a memo on his authority to wipe out as much as $50,000 for all.

Read more (and about a possible timeline) here.