Has your student loan been forgiven? Use it to build wealth [Video]

Thousands of borrowers who have had their student loans forgiven, suspended or reduced have the opportunity to repurpose the money they allocated for payments to enhance their financial security.

“Understand, this is a marathon, not a sprint. We want things fast but building wealth doesn’t happen over night. Push forward, have hope and be maniacal to your financial goals every day,” advised Andre Creighton, finance leader, startup founder and host of the Financially Fit podcast on the ShelettaMakesMeLaugh.com platform.

A Biden-administration plan that would have canceled loans up to $20,000 per person was stuck down by the Supreme Court. But $168.5 billion in student college debt impacting 4.8 million borrowers has still been erased through various loan forgiveness programs, according to the US Dept of Education.

Through the Saving on a Valuable Education (SAVE) plan, another 8 million borrowers are going into a forbearance when they will not have to make student …