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Student loan debt forgiveness and the economic impact it could have in CNY

March 19, 2021

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SYRACUSE, N.Y. — President Joe Biden has expressed the need to forgive student loans, but the question remains how much.

Right now, Biden supports $10,000 per student, except for students who attended ivy league schools.

The President has resisted calls from Senate Majority Leader Chuck Schumer and other Democrats who want to forgive $50,000.

Peter Pullano is the Managing Partner at Tully Rinckey Law Firm and says there are many challenges when it comes to talking about student loan debt.

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