Is student debt derailing your life plans? Share your story

The Biden administration said Friday that it is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.

American consumers are the engine of the world’s biggest economy, and they are living under a mountain of student debt. Even though the Biden administration has forgiven a staggering $153 billion in federal student loan debt, giving a financial lifeline to millions of borrowers, that figure is less than 10% of the total outstanding. That burden is one reason many Americans put off major traditional milestones, like buying a house, getting married or having kids. Are you one of them? Share your story in the form below.