'Good Luck Finding It': Confused Borrowers Scramble for Student Debt Relief Details – Bloomberg

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Cyberpunk 2077 was one of the highest selling games of all time. It’s developer, CD Projekt Red, was seen as one of Poland’s most important companies. But inside the company, leadership pushed developers to get the game out for launch, hid the truth about how bad the game was, and ultimately had it returned by millions of people.
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The opt-in plan design means a potentially confusing information-gathering process and a mountain of paperwork for understaffed government offices.
President Joe Biden
Photographer: Bonnie Cash/UPI/Bloomberg

President Joe Biden’s announcement that he will cancel up to $20,000 in federal student loans for qualified borrowers could help score him points with progressives and young voters while fulfilling a promise he made when running for office.
Yet there is risk that the political benefit is snuffed out by challenges ranging from a frustrating information-gathering process to understaffing at government offices and loan servicers.