> Private student loans, by definition, are private and are not eligible to be forgiven. These are loans the borrower owes to student loan providers and not the federal government. Mr. Biden's announcement won't change how these are repaid and borrowers should expect to continue to repay them as they have to date.
Huh? I thought private student loads were pretty rare nowadays, and most loans are now through the federal government.
Also, according to https://finance.yahoo.com/news/student-loans-not-eligible-fo..., this loan forgiveness doesn't apply to private student loans:
> Private student loans, by definition, are private and are not eligible to be forgiven. These are loans the borrower owes to student loan providers and not the federal government. Mr. Biden's announcement won't change how these are repaid and borrowers should expect to continue to repay them as they have to date.