Biden's Student Loan Forgiveness Plan Faces Key Opt-Out Deadline

The Biden administration is preparing to unveil a new student loan forgiveness plan, with a key opt-out deadline approaching this week. As borrowers face the end of the payment pause, private-credit investors are increasingly attracted to student loan debt. Concerns are rising about a potential 'student loan debt tsunami' as borrowers must resume payments, prompting discussions on how to mitigate its impact.