Michael Felice, associate partner at Kearney, joined Cheddar News to talk about Bed, Bath & Beyond's bankruptcy filing and the implications it will not only have the business but what it means for consumers.  "But for consumers, I wouldn't really throw away those gift cards or coupons yet. There's still likelihood that those gift cards still will work for an extended period of time," he said.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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