Local economists analyze new student loan forgiveness plan
Chattanooga-based financial experts see both positives, negatives in Biden Administration's actions
CHATTANOOGA (WDEF) — Many Americans are still celebrating Wednesday’s student debt cancellation announcement by President Biden. But not everyone is optimistic. Regarding the economy, one financial expert believes the consequences of debt forgiveness won’t be inflammatory, another does, but both believe that somehow — something needs to be done. UTC’s Dr. Bento Lobo says nearly 1-in-6 American adults carry some…