2min chapter

FT News Briefing cover image

France’s George Floyd moment

FT News Briefing

CHAPTER

The Effects of the $10,000 Forgiveness Plan on the Economy

People will have to start paying off their student loans again next month. They'll have to do this without the $10,000 forgiveness plan that Joe Biden had been trying to implement. Economists say it's going to slow the economy down as a whole and maybe even the labor market too.

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