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Education

Schumer says loan service companies need to staff up amid Biden student debt forgiveness plan

By Dean Moses Posted on August 28, 2022
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Senator Chuck Schumer called Sunday for loan service companies to “staff up” in response to President Joe Biden’s student debt forgiveness plan announced last week.

The Senate majority leader celebrated the announced relief program on Aug. 28, for which Schumer noted that New York borrows would see a combined $16.3 billion in cancelled debt thanks to what he cites as a historic move and one he has long championed. 

See the full article at amNY

Schumer says loan service companies need to staff up amid Biden student debt forgiveness plan

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