Amid talk of massive student loan forgiveness, canceling $10,000 per borrower could eliminate a substantial portion of the debt for students who never graduated, who likely fall into this category because they have lower loan balances. Although President Joe Biden has yet to make an announcement, “the bigger question is how do we ensure we aren’t having this same conversation 10 to 15 years from now?” Castellano.
https://www.cnbc.com/2022/06/22/what-loan-forgiveness-may-mean-for-students-who-never-graduated.html
