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President Biden has moved to reduce student loan debts but the result may be accelerated inflation.
Biden’s student loan forgiveness plan in Arizona amid soaring national debt: 70% of loan relief goes to top earners

August 28, 2022

The Wall Street Journal's editorial board has criticized President Joe Biden’s decision to cancel up to $20,000 of student-loan debt per borrower, saying the move will only worsen inflation.

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U.S. Sen. Mark Kelly supports Biden's debt-forgiveness plan.
Kelly supports Biden’s student loan forgiveness plan; WSJ editorial board calls it ‘easily the worst domestic decision of his Presidency’

August 25, 2022

President Joe Biden's plan to cancel up to $20,000 of student loan debt per borrower, while also extending the pause on federal student loan payments through the end of the year, is receiving backlash.

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