73% of borrowers of student loans said they would increase their spending on travel and other non-essentials after receiving debt relief.
A recent survey conducted on the loan forgiveness program announced by Biden claimed that 73% of loan borrowers who have registered for the program will spend the money on non-essentials like alcohol, drugs, vacations, or maybe smartphones. The survey further revealed men were more inclined to spend money on non-essentials as compared to women. However, …