President Biden's new student loan forgiveness plan could benefit up to 25 million borrowers, with diverse relief pathways based on individual circumstances. Medicare faces escalating costs driven by anti-Alzheimer's and off-label drugs, potentially reaching billions. The UK's high wage growth and inflation levels deter Bank of England from considering interest rate cuts, contrasting the U.S. Federal Reserve's actions. Discover Financial observes rising consumer loans amidst inflation pressures, impacting credit card sales and delinquencies.

Debt Relief, Drug Costs, Economic Trends