SoFi CEO Anthony Noto told Yahoo Finance he doesn't support broad plans to cancel student debt. The student-loan payment pause is set to end 60 days after June 30, or 60 days after the lawsuits blocking the relief are resolved. He's not a fan of broad proposals like President Joe Biden's plan to cancel up to $20,000 in student debt for federal borrowers making less than $125,000. But those... that are capable of paying need to be put back into payment, and they shouldn't have their loans forgiven either." Noto had previously expressed his belief that the student-loan payment pause should not continue for all borrowers.

---