Biden’s Loan Cancellation Plan is Vague, Tricky, unimpressive.
The Department of Education will find ways to not cancel loans
The Biden Administration announced a federal student loan cancellation action today. The Department of Education said that they will cancel “up to $10,000” in federally held student loans for everyone earning less than $125,000/year, and “Up to $20,000” for people who received the Pell Grant…