Student Loan Debt for Borrowers Ages 50 to 61 Reveals Unique Financial Strains for Gen X

By Elizabeth Guevara Full Bio Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Learn about our editorial policies  Published May 15, 2026 How to Reach Financial Freedom: 12 Habits to Get You ThereClose KEY TAKEAWAYS Get personalized, AI-powered answers…

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Student loan forgiveness is the overlooked remedy that could help close the racial wealth gap

By Amiah Taylor Joe Biden has canceled more student loan debt than any other U.S. president, forgiving $16 billion in federal student loans for targeted groups such as disabled borrowers, and students who were defrauded by their institutions. Since April, Biden has been deliberating widespread student loan forgiveness and has also been considering income caps that would exclude high earners…

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