President Biden is set to announce his plans to cancel some student loan debt and push back the pandemic repayment moratorium. Founder of Jubilee Legal and Strategist of Debt Collective, Sparky Abraham, discusses how this will impact millions of borrowers. #studentdebt #debtcancellation #debtrelief #biden

FILE – President Joe Biden in the East Room of the White House, Aug. 10, 2022, in Washington. Biden is set to announce $10,000 federal student loan cancellation on Aug. 24, for many, extend repayment pause for others. (AP Photo/Evan Vucci, File)

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