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Politics

Scott Horsley

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

Joe Biden Marc Goldwein Inflation White House

Student loan borrowers stage a rally in front of The White House on Aug. 25 to celebrate President Biden cancelling student debt. The plan has sparked heated debate, including about its economic fairness. (Paul Morigi/Getty Images for We the 45m)

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.

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