Biden to share decision on student loan moratorium, forgiveness this week: Report

College grads
(Image credit: Supachok Pichetkul / EyeEm)

For those waiting for a decision regarding their student loans, it looks like an update could be coming any day now.

President Biden is expected to announce as early as Wednesday whether or not his administration will be forgiving up to $10,000 in student debt or extending the current repayment moratorium, Reuters reports per a source familiar with the matter.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.