The Clock Is Running Out for Student Loan Forgiveness With only months left in his term, Biden wants to forgive the loans of nearly eight million borrowers experiencing "hardship." Reason · Nov 19, 2024
Biden's Loan Forgiveness Plan Ultimately Means Higher Costs for Higher Ed If political pressure to forgive debt can work once, why wouldn't it work again every five or 10 years? Reason · Dec 19, 2022
If the Pandemic Is Over—And It Is—Then Biden's Emergency Powers Should End Too But Biden can't forgive billions of dollars in student loans if the COVID-19 national emergency is over. Reason · Sep 20, 2022
Student loan forgiveness unlikely to boost the economy The Biden administration has been considering a plan to cancel at least $10,000 of federal student-loan debt. President Biden promised something of the sort during the 2020 presidential campaign. And with about 45 million current and former students carrying $1.76 trillion in debt, some sort of debt forgiveness is appealing… Los Angeles Times · May 24, 2022
Elizabeth Warren Wants Joe Biden To Deliver a Massive, Illegal Handout to the Well-Off Student debt cancellation would disproportionately benefit college degree holders with higher earnings. Reason · Apr 28, 2022