In what way election campaign can have an impact on student loans?

If Mr. Joe Biden is going to win the US presidential election of 2020, America may see some changes in the student loan debt.

Mr. Biden, in his higher education plan, has proposed options to ease the student loan debt.

This is going to be good news for Americans who currently have a student loan.

In March 2020, Joe Biden spoke about forgiving $10,000 per person on federal student loans. He also suggested a plan to make public colleges and universities free for students if their families make less than $125,000 in a year.

Mr. Joe Biden has said that they will follow the proposal by Senator Warren to forgive a minimum of $10,000 per person on federal loans. So, if you are overwhelmed with federal student loans, you can expect some sort of relief.