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Why student debt will keep rising despite loan-forgiveness programs lawmakers are proposing in Congress

student loan debt college

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It’s a familiar sight each year: a sea of soon-to-be college graduates, seated in their caps and gowns, with families and friends watching proudly as they march, one-by-one, across the stage to receive their hard-earned degrees.

But for many of the 35 million student-loan borrowers in the US, the celebration is short-lived. Months out of college, their debts become due and payable, and for some, it will be a heavy burden.

Since entering office, President Joe Biden has encountered immense pressure to aggressively address the student-loan crisis.

Democratic Sens. Elizabeth Warren and Chuck Schumer in February announced a details ⇒

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