Stall in student debt relief significant for Detroiters - Hanson | Gerald R. Ford School of Public Policy

Stall in student debt relief significant for Detroiters - Hanson

November 13, 2022 WXYZ

Jonathan Hanson, WXYZ: “This court decision is really quite significant because it ordered the administration to halt the whole process. For now everyone who’s applied for loan forgiveness has to wait for this process to unfold. Student debt is an enormous problem that is making many people's lives very difficult. They can't seem to get out from under it. They don’t feel like the opportunities that were available to earlier generations have been available to them. It’s very difficult to get started, establish a family, buy a home. This was a sign of hope. That this thing one piece of their financial lives might be made less burdensome.”