Why Canceling Student Debt Should Be a Universal Benefit

Posted on AllSides June 18th, 2022
From The Left
Paul Morigi / Getty Images for We, The 45 Million

Two major student debt stories have hit the headlines in recent days. First, the Department of Education announced that it is canceling $5.8 billion in loans held by 560,000 former students of Corinthian Colleges, Inc, a for-profit college chain that lied to and defrauded low-income students. Second, news outlets reported that President Biden is close to announcing a plan to cancel $10,000 in student loans for individual borrowers to address the $1.7 trillion crisis. This relief will likely be means tested—offered only to those earning less than $150,000 per year....

Read full story
Some content from this outlet may be limited or behind a paywall.

The Nation

AllSides Media Bias Rating: Left
AllSides Media Bias Rating: Left
See full bias rating for The Nation
Learn about media bias

More News about Education from the Left, Center and Right

From the Left

From the Center

From the Right