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

The fast-paced program is the quintessential market close show leading up to the final minutes and seconds before the closing bell on Wall Street with the latest news, data and expert analysis.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
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.
Canadian Dollar Falls to Weakest Versus Greenback Since 2020
Disney Pulls Star Wars Film ‘Rogue Squadron’ From 2023 Release Calendar
Apollo Leans on Bond Buyers to Finance M&A as Banks Cut Risk
Kanye West Says He’s Terminating Yeezy Partnership With Gap
Related Pursues Giant Casino Complex at Manhattan’s Hudson Yards
Buy-Now, Pay-Later Faces Tougher Rules as CFPB Chief Weighs In
Adobe Tumbles After Deal to Buy Figma for About $20 Billion
Zoom Says It Has Fixed Service After Widespread Outage
South Africa May Lose 53% of Graduates to Emigration, Survey Shows
US Imposes New Sanctions Against Russia as War Drags On
Related Pursues Giant Casino Complex at Manhattan’s Hudson Yards
Blackstone’s Gray Gives UPenn $55 Million for Cancer Prevention
Amazon Isn’t Interested in LIV Golf Media Rights as League Pursues Deal
Meet Little Amal: A Puppet Celebrating New York City’s Roots
A Weakened Putin Is No Use to Russia
Wisconsin Is Coming to India and Not in a Good Way
Patagonia Has No More Owners
The Biggest Copper Mine in the US Stalled in Dispute Over Sacred Ground
CFOs May Have the Toughest Job in the C-Suite
An Investing Playbook for These Uncertain Times
Same-Sex Marriage Bill in Senate Gets Delayed Until After Midterm Elections
White House Calls GOP Governors’ Migrant Treatment ‘Cruel’ Stunt
Nikola Cannibalized a Ford for Hyped Badger Electric Pickup, Jury Told
Biden Pledges $50 Million for Floating Wind Turbines Off US Coasts
More Than Half of US Hospitals Expect to Lose Money This Year
Can D.C.’s 11th Street Bridge Park Lift Up a Neighborhood?
NYC Mayor Commits to Providing Shelter for 11,000 Migrants Seeking Asylum
Ether Miners Are Piling Up Losses As ‘Merge’ Shifts Them to Altcoins
Ether Slumps as ‘Merge’ Turns Into a ‘Sell-the-News’ Event
New Crypto Fund Takes US a Step Closer to Spot Bitcoin ETF
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
Ella Ceron and
Mackenzie Hawkins
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.

source