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Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden's plan

  • Written by Terri Friedline, Associate Professor of Social Work, University of Michigan
Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden's plan An estimated 20 million people will see their balances drop to zero.AP Photo/Evan Vucci

President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to US$10,000 in forgiveness for people who earn less than $125,000 – $250,000 for couples – and up to $20,000...

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