Student Debt: From Forbearance to Forgiveness

Northern Trust
By February 18, 2021 12:35

Student Debt: From Forbearance to Forgiveness

Student Debt: From Forbearance to Forgiveness

Weekly Economic Commentary

“When you find yourself in a hole, stop digging.” This time-tested maxim can work well for finding a path out of personal debt. Small behavioral changes can allow people to stop running up credit accounts and start paying them down. But when the “hole” represents $1.7 trillion in liabilities held by nearly 48 million people in the U.S., simple frugality will not …

Northern Trust
By February 18, 2021 12:35

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