Business

Biden’s Student-Loan Forgiveness Plans Face Criticism

Updated 2026-07-02 14:10 UTC 1 source Negative

The Biden administration's student-loan forgiveness plans have faced criticism for inadvertently harming the financial situation of many borrowers. Meanwhile, a CNBC report highlighted how stock market gains in 2025 primarily benefited the wealthy.

Coverage timeline — 2 articles
CNBC
The Biden White House's lofty expectations for its loan forgiveness efforts inadvertently damaged the financial situation of many student loan borrowers.
2026-07-02 13:53 UTC
CNBC
Global personal wealth surged by 10.8% in 2025, the biggest jump since 2017, per UBS.
2026-07-02 14:00 UTC
Share: Twitter / X LinkedIn