Here's the Skinny on President Biden's Student Loan Debt Relief

Long expected, it's finally happened. President Biden declared student loan debt relief for certain borrowers through what the administration calls targeted cancellation.

We wanted to know what it meant for borrowers and retirement savers and what impact it might have on employee benefits, so we asked Jeffrey Hull, founder of Savvy Financial. It’s a firm that helps employers empower their employees to both save for college and pay off student debt.