Is Biden's student debt forgiveness fair?

26/08/2022

How did we get here?


Higher education has long been viewed as a path towards lucrative earnings, but the ballooning cost of tuition and rise in student debt has left some wondering if it's worth the cost.


The total federal student debt has more than tripled over the past 15 years, rising from about $500bn in 2007 to $1.6tn today.


Meanwhile, wages have stagnated and tuition has increased, which means it's harder for young people to pay it off.


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