While US courts stay on student loan forgiveness, feds find other ways to erase debt. Details here

The Education Department estimated it charged nearly $22 billion in interest capitalization in fiscal year 2019 alone. The federal government also capitalised interest after borrowers paused their loan payments. "It accelerates balanced growth, and it's really confusing," said Sarah Sattelmeyer, a student loan expert.

from International-News-Economic Times https://ift.tt/TegU9E3
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