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Senate Halts Biden's Student Loan Relief Plan

  • #Education
  • #Finance
  • #Schools
  • #Colleges & universities
  • #United States of America
  • #Politics
story
JUN 2023
Image copyright: Unsplash
story last updated JUN 2023

The Spin

Republican narrative

Biden is insisting on pushing forward a radical debt forgiveness plan that even his own party is beginning to sour on. Student loan forgiveness is a regressive, wildly expensive policy that benefits wealthier Americans, and there is doubt as to whether the president can cancel such debt unilaterally. We can only hope the SCOTUS ruling will put an end to this madness.

Forbes

Democratic narrative

Student loans have shackled a whole generation of Americans, and Biden's forgiveness plan has been a lifeline for millions. Debt forgiveness would help avert financial ruin for countless people, yet Republicans and their legal lackeys seek to rip relief away from those who need it most. Biden should be applauded for continuing to fight for everyday Americans.

Los Angeles times

Metaculus Prediction


Public Figures

Joe Biden


Political split

LEFT

RIGHT

The Dark Money–Backed Supreme Court Is a Threat to Student Debt Relief
JacobinAUG 2023
Canceling Student Loans Will Actually Boost Servicer's Revenues—Analysis
NewsweekAUG 2023

More neutral political stance articles

A student-loan company at the center of a lawsuit blocking Biden's debt cancellation with a 'dubious record of customer service' just got a new contract to keep servicing millions of borrowers, Cori B
Business InsiderAUG 2023