White House draws up plan to forgive $10K student loan debt for some - CNN [Seeking Alpha]
SLM Corporation (SLM)
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White House draws up plan to forgive $10K student loan debt for some - CNNAug. 23, 2022 11:47 AM ETNAVISLMNNISOFIBy:Liz KiescheSA News Editor11 CommentsDNY59/iStock via Getty ImagesThe White House is leaning toward a plan to cancel up to $10K of student loan debt per borrower for individuals who earn less than $125K per year, CNNreportedwith the discussions.The announcement could come as soon as Wednesday, CNN said, but it's unclear whether a final decision has been made. The Biden administration is also expected to address in coming days whether it will extend the pause on federal student loan payments again. Thecurrent pause is set to expireSoFi Technologies (Other student loan-related names include: SLM Corp. (+1.1%-1.1%Earlier this month, SoFi Technologies (impressive Q2 growth, guidance boostDear readers:here to join the separate political discussion.
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- SLM Co. (NASDAQ: SLM) had its price target raised by analysts at Wells Fargo & Company from $22.00 to $24.00. They now have an "overweight" rating on the stock.MarketBeat
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