Tag Archives: studentdebt

Why Biden is stuck on student-debt cancellation

Inflation is the biggest threat to Joe Biden’s presidency. Prices are rising nearly 8% per year, and could go higher still before Federal Reserve rate hikes or other measures bring some relief to family budgets. But inflation isn’t the only risk Biden faces, and a key cohort of voters have another major complaint: student debt. As a candidate in 2020, Biden pledged to cancel up to $10,000 in student debt per borrower. As president, however, Biden has done very little, and he’s once… Source link

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