Is the Era of Student Loan Forgiveness Officially Over?

Across the country, millions of Americans with unpaid student loans are discovering that years of patience and forgiveness from the U.S. government have officially come to an end. Stacy Cowley, a business reporter for The Times, explains what is behind the change of heart, sets out its financial consequences for borrowers — and discusses the larger reckoning that it may cause about how Americans pay for higher education.