Biden is cancelling millions of student debts – here’s what to expect from Albanese
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
So weighed down have Americans become by student debt, and so potent a political issue has it become in the US, that President Biden plans to waive interest or write off money owing by 30 million of them.
He is doing it bit by bit, in the face of resistance from the US Supreme Court. He has already axed or wound back 4.3 million debts, and on...
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