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Tuesday, June 18, 2024
June 18 , 2024

An argument for student loan forgiveness

Recently, President Joe Biden announced a three-part plan to provide relief to “America’s working families.” This plan consists of debt cancellation in some cases, extension on the pause of federal student loan repayments, cutting monthly payments in half, the largest increase to Pell Grants and overall makes the student loan system more manageable for current and future borrowers. I never said it was fair, but is less funding to schools in high poverty areas fair? We could go back and forth all day, but this plan does improve Americans' quality of life. It puts America one step closer to giving the less fortunate the opportunity to be able to pay for their children’s or grandchildren’s college degrees in full.

Madison Bitting