
Newsweek
The Biden administration has extended the deadline for student loan borrowers to apply for a loan consolidation. With the rising costs of higher education, more students are turning to loans to finance their degrees. However, many students struggle to repay these loans after college, which has become a significant issue for Democrats. So far, President Joe Biden's administration has approved nearly $160 billion in student loan forgiveness for almost 4.6 million borrowers, according to the U.S. Department of Education (DOE). Student loan borrowers can consolidate, or combine, one or more...