How Remote Jobs and Dreams Affect Millennial Student Debt
Todd Squitieri, a 37-year-old with $134,000 in student debt, has placed his loans in forbearance for nearly a decade, causing interest to surge. He moved abroad and is now living in Mexico, but the student debt remains. Squitieri wishes the US education system was more affordable and that future generations won't face the same challenges. President Biden's plan to cancel up to $20,000 in student debt for borrowers making under $125,000 a year has been halted due to lawsuits, leaving borrowers waiting to see if they'll restart payments this year with lower balances.