Many say that student loan forgiveness would represent a huge economic boost. Americans owe $1.56 trillion in federal and federally-backed student loans at the moment. Actually, over 25% of the borrowers are currently in default
Other economists fear it wouldn't mean much of a change in households across America due to higher incomes in some of those households.
What are your thoughts? This is one piece of news that we will be watching closely as it could affect the capacity to invest of many.
Want to know what it might mean for you or have more questions? Contact our team of Financial Advisers at: +1 787-238-6525 and firstname.lastname@example.org at Lyon Bern We have offices in Puerto Rico and Florida. Contact our team to schedule a digital or in-person meeting.