Biden's Student Loan Forgiveness Plan

SOURCE www.foxnews.com
President Biden is pushing forward with a plan to forgive billions in student loans despite previous setbacks. Critics argue that the move is a tactic to buy votes and is contributing to the increasing national debt.

Key Points

  • President Biden is determined to forgive billions in student loans
  • Critics, including South Dakota Gov. Kristi Noem, see the move as a strategy to secure votes
  • Previous attempts to cancel student debt faced legal challenges

Pros

  • Forgiveness of student loans can help alleviate financial burden on borrowers
  • May provide relief to millions of working families

Cons

  • Critics argue that the move is a tactic to buy votes
  • Contributes to the increasing national debt