Please ensure Javascript is enabled for purposes of website accessibility
Forgive & Regret: Implications of Student Debt Relief
News
By News
Published 3 years ago on
August 29, 2022

Share

 

The Biden administration announced a plan to provide relief to millions of borrowers with outstanding federal student loans, although legal challenges and bureaucratic hurdles could impact implementation.

In a new report, analysts with Wells Fargo unpack the details of the administration’s plans, estimate how many borrowers might be affected and outline some initial thoughts on the macro implications.

Read more from Wells Fargo

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

DON'T MISS

State Center Trustees Turn Deaf Ear to Backers of Downtown Student Housing

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Douglas Kindle

DON'T MISS

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

DON'T MISS

Iran’s Leader Hopes America Can Save His Faltering Regime

DON'T MISS

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

DON'T MISS

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

DON'T MISS

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

DON'T MISS

Black Smoke Signals No Pope Elected at First Conclave Vote

DON'T MISS

Judge Demands Trump Officials Detail Legal Grounds for Deporting Palestinian Activist

UP NEXT

Clash Over Teen Sex Solicitation Reveals the Rift Within CA Democratic Party

UP NEXT

This Is the Moment of Moral Reckoning in Gaza

UP NEXT

The Valley is Driving California’s Economic Growth

UP NEXT

Trump Is About to Steal My Friend’s Christmas … and Yours

UP NEXT

Newsom Jabs at Trump and Musk, but Will AI Make California More Efficient?

UP NEXT

I Can’t Believe Anyone Thinks Trump Actually Cares About Antisemitism

UP NEXT

Will California Meet Newsom’s 2035 EV Deadline? It Won’t Even Hit the 2026 Target 

UP NEXT

Trump Is a Revolutionary. Will He Succeed or Fail?

UP NEXT

We Need Proof of Life for the Makeup Artist Trump Sent to El Salvador

UP NEXT

As Harris Ponders Run for CA Governor, Is She Prepared for the Daunting Job?

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

15 hours ago

Iran’s Leader Hopes America Can Save His Faltering Regime

16 hours ago

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

17 hours ago

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

17 hours ago

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

17 hours ago

Black Smoke Signals No Pope Elected at First Conclave Vote

17 hours ago

Judge Demands Trump Officials Detail Legal Grounds for Deporting Palestinian Activist

17 hours ago

Tulare Murder Case Ends With Woman Sentenced to Life

17 hours ago

Housing Component Halted, but Fresno’s Senior Center Is Moving Forward

17 hours ago

Trump’s Budget Would Abolish Funding for English Learners, Adult Ed, Teacher Recruitment

18 hours ago

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

NEW YORK (Reuters) – Dozens of protesters stood on tables, beat drums and unfurled pro-Palestinian banners in the reading room of Colu...

12 hours ago

A pro-Palestinian protester yells to let students out of the Butler Library on the campus of Columbia University in New York, U.S., May 7, 2025. (REUTERS/Ryan Murphy)
12 hours ago

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

14 hours ago

State Center Trustees Turn Deaf Ear to Backers of Downtown Student Housing

Douglas Kindle is Valley Crime Stoppers' Most Wanted Person of the Day for May 7, 2025. (Valley Crimes Stoppers)
15 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Douglas Kindle

Smoke rises in the sky following U.S-led airstrikes in Sanaa, Yemen, February 25, 2024. (REUTERS/Adel Al Khader/File Photo)
15 hours ago

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

16 hours ago

Iran’s Leader Hopes America Can Save His Faltering Regime

Syrian President Ahmed al-Sharaa speaks during a joint press conference with French President Emmanuel Macron after a meeting at the Elysee Palace in Paris, France, May 7, 2025. (REUTERS/Stephanie Lecocq/Pool)
17 hours ago

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

17 hours ago

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

17 hours ago

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

Help continue the work that gets you the news that matters most.

Search

Send this to a friend