More than 40 million Americans could see their student loan debt

More than 40 million Americans could see their student loan debt

While more than 40 million Americans could see their student loan debt cut or eliminated under President Joe Biden’s plan, his student loan debt forgiveness plan has raised many questions: How much will it actually cost? Who will it benefit the most? How will it contribute to inflation? Does the President even have the legal authority to implement this forgiveness?