Is Biden's student debt forgiveness fair?
Posted on AllSides August 25th, 2022
From The Center
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ANALYSIS
US President Joe Biden is cancelling billions of dollars of federal student loans. But what difference will it make?
On Wednesday, Mr Biden announced he will cancel up to $10,000 (£8,500) in federal student loans - used to fund higher education costs such as tuition and housing - for millions of Americans who earn less than $125,000 each year.
Mr Biden will also forgive $20,000 of debt for students on Pell Grants, which applies to those in greatest financial need.
The news, political analysts have suggested, was announced to drum...
