Opinions
DWASARI: Student debt relief program — good idea, bad policy
President Joseph R. Biden Jr. recently announced the cancellation of loans for middle to low-income borrowers, creating immediate relief for many college students. The breakdown includes a minimum of $10,000 for non-Pell grant students below the income threshold and up to $20,000 for Pell grant recipients, according to the White House. At the same time, the government will extend the pause of student loan payments to December 31 and offer various benefits to help manage and soften loan payments.Sep 14 2022