A graduating student's cap declares their future intentions during commencement exercises at City College where First lady Michelle Obama delivered the commencement speech after being presented with an honorary doctorate of humane letters at City College on June 3, 2016 in New York City.
Mandatory Credit: Spencer Platt/Getty Images
Stories this photo appears in:
Student debt: What Biden is doing (and not doing)
There have been good and bad headlines related to student loans in recent days. Good -- The government was praised for canceling $415 million in student debt for victims of for-profit college fraud. Bad -- The Biden administration has been criticized for failing, so far, to change student loan bankruptcy rules. I went to Katie Lobosco, the CNN writer who covers student loans, for a better understanding of how much student debt exists, who holds it, and what else the government might do about it.
