Biden's new student debt cancellation plan.
Tangle
Debating Biden's Student Debt Cancellation Plan
Analyzing the arguments for and against President Biden's student debt cancellation plan, exploring concerns over its constitutionality, financial implications, and generational perspectives on student loan forgiveness.
President Biden's new student loan cancellation plan. On Monday, President Biden unveiled a new plan that could erase some or all of the college loans for up to 30 million borrowers. The plan comes less than a year after the Supreme Court blocked a broader effort that would have forgiven an average of $20,000 for roughly 40 million Americans. Today, around 43 million Americans own about $1.7 trillion in student loan debt, or an average of just over $39,500 per borrower.
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What do you think of Biden’s latest student debt cancellation plan? Let us know!
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