Debt Forgiveness Is a Political Minefield: Biden's plan will help millions of people who deserve relief. But it will be messy
[Image Omitted] Last month the Biden administration announced plans to forgive the first $10,000 of most outstanding federal student loans, and up to $20,000 for students who received Pell Grants. The Biden plan to make loan forgiveness contingent on income will require many people to apply for the...
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| Veröffentlicht in: | The Chronicle of higher education 2022-09, Vol.69 (3), p.36 |
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| description | [Image Omitted] Last month the Biden administration announced plans to forgive the first $10,000 of most outstanding federal student loans, and up to $20,000 for students who received Pell Grants. The Biden plan to make loan forgiveness contingent on income will require many people to apply for the benefit, and therefore exclude eligible borrowers whose difficulty in navigating the often-labyrinthine loan system is the reason they need help in the first place. Congress has made little or no progress on reducing the underlying cost and price of college itself. [...]every free-college proposal proffered by high-profile public leaders like Senators Sanders and Warren has been limited to free in-state undergraduate tuition at public colleges and universities. |
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| fulltext | fulltext |
| identifier | ISSN: 0009-5982 |
| ispartof | The Chronicle of higher education, 2022-09, Vol.69 (3), p.36 |
| issn | 0009-5982 1931-1362 |
| language | eng |
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| source | Education Source |
| subjects | Advocacy Biden, Joe Biden, Joseph R Jr Colleges & universities Debt (Financial) Debt cancellation Extinguishment of debts Higher education Laws, regulations and rules Political aspects Political Issues Politics Politics of Education Student Financial Aid Student loans Undergraduate education Undergraduate Students Undergraduate Study |
| title | Debt Forgiveness Is a Political Minefield: Biden's plan will help millions of people who deserve relief. But it will be messy |
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