DEAR EDITOR: President Biden’s proposal for widespread student loan forgiveness has sparked intense debate across the nation. While on the surface, the idea seems like a relief for struggling graduates burdened by debt, a closer examination reveals potential consequences, particularly for the middle class. Its implementation may inadvertently exacerbate existing inequalities and create long-term economic challenges for middle-class Americans. Fi…
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Tribune Chronicle
Loan forgiveness for students is misguided
DEAR EDITOR: President Biden’s proposal for widespread student loan forgiveness has sparked intense debate across the nation. While on the surface, the idea seems like a relief for struggling graduates burdened by debt, a closer examination reveals potential consequences, particularly for the middle class. Its implementation may inadvertently exacerbate existing inequalities and create long-term economic challenges for middle-class Americans. Fi…