Big Problems with Biden's $10k Student Debt Cancelation

Big Problems with Biden's $10k Student Debt Cancelation
(AP Photo/Manuel Balce Ceneta)
President Biden is reportedly moving forward with plans to unilaterally “cancel” $10,000 in student debt for borrowers earning less than $125,000 annually. Politically this would please the progressive base, but as a policy matter it’s a terrible idea.
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