What we know so far about Biden's plan to forgive student loans
. Critics also argue that it unfairly leaves out the poorest Americans and those who have no college education at all, while offering relief to those with more education and generally higher incomes.
Republican lawmakers have roundly criticized the proposal. And many education experts also argue that canceling student loan debt, alone, won’t be an effective solution, if it’s not combined with measures that make college more affordable in the first place. “It shovels vast sums towards an educated, affluent, and connected constituency, while doing nothing about the causes of the ‘crisis’ it is intended to alleviate,” Frederick Hess, director of education policy studies at the conservative American Enterprise Institute,The cost of college increased by 160% from 1980 to 2019, making it harder for young people to pursue higher education and forcing many to take on more debt when they do,“While there are additional investments in public higher...
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