Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate
President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.
by Scott Horsley
Aug 28, 2022
3 minutes
President Biden's plan to forgive hundreds of billions of dollars in student debt is sparking heated debate.
Biden last week announced plans to forgive up to $20,000 in federal student loan debt for Pell Grant recipients and up to $10,000 for others who qualify.
The news will provide relief for borrowers at a time when the cost of higher education has surged.
But critics are questioning the fairness of the plan and warn about the potential impact on inflation should the students with the
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