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.
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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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