Biden's new student debt cancellation plan.
Tangle
Critical Examination of Biden's Student Debt Cancellation Plan
Critical analysis of Biden's student debt plan, discussing timing, legality, economic impact, and the need to address underlying education system issues.
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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