Biden’s Student Debt Plan: A Godsend? An Appalling Policy? A Debate.
Supporters of The Debt Collective in Washington, D.C. (Photo by Leigh Vogel/Getty Images for MoveOn & Debt Collective)
Rep. Ro Khanna says the White House didn’t go far enough. Sen. Tim Scott says the plan is inflationary, illegal and hurts the poor.
Depending on your politics, last week President Joe Biden transformed the lives of millions of young Americans saddled with college debt—giving them a chance to pay down their student loans, buy homes, and, one day, send their own kids to college. Or, last week President Biden saddled a new group—this one not so upwardly mobile—with a much higher tax bi…
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