Understand the Student Loan Forgiveness Process
Here loan waiver means not repaying the loan completely
Debt waiver has been considered by the President
This is a relief message for students
Wide-scale student loan cancellation is one of the most significant decisions of Biden’s presidency
Supporters say it will stimulate the economy, reduce disparities
The main objective of loan waiver is believed to be removal of inequalities.
This is a historic step where a scheme like student loan waiver and zero interest is being implemented.