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Canceling student debt would be recession insurance for Joe Biden

Posted on AllSides April 8th, 2022
From The Center

The Biden administration faces a conundrum as rising prices and Russia’s Ukraine invasion threaten the US recovery: How to boost the economy without further fanning inflation.

The president might find a solution in one of his own campaign promises. Joe Biden’s pledge to forgive some student debt may be one of the best ways to avoid a recession in the next couple of years without fueling prices today.

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