Kristin Meyers, the editor in chief at, joined Cheddar News to discuss what the student debt relief announcement from President Biden means for inflation and the credit scores of student borrowers. "This actually will end up boosting those credit scores of those that did receive that debt forgiveness because essentially their debt load is actually lowered," she explained. "And this is really important for those Americans that were really struggling to pay back some of that debt that maybe had lateness on their credit reports. Wiping off the debt is going to help them moving forward."