Sen. Taylor: Student loan forgiveness will help many Wisconsinites
MADISON – Today, Senator Lena Taylor (D-Milwaukee) was encouraged to learn of President Joe Biden’s announced loan forgiveness program. Understanding that millions of Americans could be impacted by $10,000 – $20,000 in federal student loan debt relief, Taylor released the following statement: “Wisconsinites owe a cumulative $23.2 billion in student loan debt, according to data from the Education Data Initiative. The average Wisconsin borrower owes nearly $30,000 in student loan debt and more than 727,000 residents owe student loans. Depending on their circumstance, many Wisconsin residents could see nearly 1/3 to roughly 60% of their student loan debt cleared. Among