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College Debt Under the Biden Administration
In 2021, under a new Biden administration, we know we will see an extended suspension on college debt repayment. What we do not know yet, is the outlook for further debt forgiveness and if so, on what scale that occurs. We also know that trend data across the country has shown a substantial reduction in FAFSA applications for high school seniors. This has created a confusing state for the future of both college attendance and college funding.