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Governor Hogan fearful of economic disaster if President Biden erases some student loan debt

August 24th, 2022 by WCBC Radio

President Biden has floated the possibility of erasing some student loan debt for millions of Americans- a plan that has many Republicans including Maryland’s governor fearful of economic disaster. While most of those carrying student loans are holding out hope the president will wipe out their student loan debt- a  new  poll finds more than half of Americans worry the  action would make inflation- and the economy-  worse.  Governor Larry Hogan…

Several states including Maryland offer tax credits for student loan debt. In January, Hogan announced more than 40,000 people benefited from the state's Student Loan Debt Relief tax credit program…