Biden criticizes tax breaks for the rich when asked if student loan relief is ‘fair’



Were your student loans forgiven? Here’s where to put some of that extra cash now

Millions of Americans are bogged down by student debt, but the Biden administration’s recent announcement to cancel $10,000 for some borrowers may be the reprieve they need to get some extra cash flow. Retirement Tip of the Week: If you’re one of the many who just had their debt wiped away or reduced by $10,000, consider redirecting a portion of that extra cash flow to your retirement accounts—your future self will thank you. Biden announced on Wednesday individuals earnings less than $125,000 would have $10,000 in student debt forgiven, and $20,000 if they received Pell Grants in college.


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