As Democrats Weigh Student Loan Forgiveness, Will Credit Card Debtors Be Left In The Cold?

As Democrats Weigh Student Loan Forgiveness, Will Credit Card Debtors Be Left In The Cold?
Forbes.com | Economy

President-elect Joe Biden has expressed support for up to $10,000 in student loan forgiveness for borrowers with federal loans. But Americans are twice as likely to have credit card debt as student loan debt. Until 1986, credit card interest was tax-deductible.

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