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President Joe Biden has just launched a plan to forgive a portion of federal college loan debt for millions of Americans. In a speech from the White House, he explained that the Department of Education would “forgive $10,000 in outstanding federal student loans” and that Pell Grant recipients would “have their debt reduced [by] $20,000.” More

The post Biden Could Have Gone a Lot Further on Student Loans appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sonali Kolhatkar.

Citations

[1]https://www.counterpunch.org/2022/08/30/biden-could-have-gone-a-lot-further-on-student-loans/[2]https://www.counterpunch.org/2022/08/30/biden-could-have-gone-a-lot-further-on-student-loans/[3]https://www.counterpunch.org/