More Americans are losing hope Joe Biden will cancel student debt, according to a new survey from the Federal Reserve Bank in New York.Donald Trump’s administration paused loan repayments early on in the pandemic, and Biden made student debt forgiveness a top campaign promise. Since then, the president has said he will decide whether or not to cancel a portion of student debt before payments are due again, in August.Part of the reason why borrowers are less confident that will happen is an overall decline in Americans’ beliefs that welfare of any kind is going to increase in the future. Expectations for unemployment benefits, subsidized preschool education, affordable housing, and federal st
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