CNN Fareed Zakaria GPS June 4, 2024 14:54:00
Reckoning with higher everyday costs. but most student loan debts remain the same. so this doesn't seem like the time for massive student debt forgiveness. the policy would also be quite regressive benefitting higher income earners more than lower income americans. people take out student loans because getting a degree will help them earn more. granted that doesn't always pan out. but if washington is going to embark on more big spending, tax credits for all americans at lower income levels would make much more sense. also, forgiving loans would only encourage colleges to keep raising tuition ...