Biden cancels another $7.4bn in student loans for more than 277,000
It’s mind-blowing to think that a sum as vast as $7.4 billion is only able to aid a limited number of people, giving an average of $26,000 relief per person. One cannot help but wonder why this immense amount of money doesn’t seem to make a more significant dent in the overwhelming student debt crisis that plagues so many. Even just making these loans interest-free would go a long way in providing relief to countless individuals who find themselves shackled by never-ending payments. Rather than simply treating the symptoms, wouldn’t it be more effective to address the root cause of the issue itself?… Continue reading