Biden’s student loan freeze shows path to erase billions of debt
Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. Yet it didn’t do it. Now, perhaps Joe Biden will.
Original Article Posted at : https://www.accountingtoday.com/articles/bidens-student-loan-freeze-shows-path-to-erase-billions-of-debt