Student loan forgiveness is one of those topics that you’d hope would be fairly straightforward and uncontroversial, but as with anything to do with US politics, nothing is ever straightforward and uncontroversial. When President Biden announced that he was going to cancel up to $10,000 of federal student loans ($20,000 for Pell Grant recipients) at the beginning of the year, that was already a massive compromise. He had campaigned on eliminating all student debt for people earning less than $125,000. But then the 50/50 split of the Senate he ended up with meant that he couldn’t fulfill this promise without […]
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