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The Biden administration has introduced a formal proposal to forgive student loan debt, aiming to benefit millions and withstand legal scrutiny. This revised plan focuses on debt accrued beyond original loan amounts for certain low-income earners and cancels unpaid interest for all income levels.
While some investors have turned toward big tech and FAANG as winners as part of this deal, my thesis is centered around the fact that we as consumers tend to spend every dollar we have and then some.
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>>> Read more: Forget Big Tech, These 3 Under-the-Radar Stocks Are the Real Student Loan Winners
While some investors have turned toward big tech and FAANG as winners as part of this deal, my thesis is centered around the fact that we as consumers tend to spend every dollar we have and then some.
...
>>> Read more: Forget Big Tech, These 3 Under-the-Radar Stocks Are the Real Student Loan Winners
