Thursday, March 28, 2024
Homeinvestor toolkitBorrowers could get up to $300 back in their monthly budget from...

Borrowers could get up to $300 back in their monthly budget from student loan forgiveness. Here’s how to use that money

  • The burden of student loan debt has been blamed for holding Americans back from buying homes, starting families and saving for their retirement.
  • Now that the Biden administration announced it will forgive up to $10,000 in federal student loans and up to $20,000 for Pell Grant recipients who meet certain income requirements, borrowers have a chance to better their financial standing.
  • "It's an opportunity to propel yourself to the next level," said Rose Niang, director of financial planning at Edelman Financial Engines. Here's how to make the best of it.

RELATED ARTICLES
- Advertisment -

Most Popular