Asian Spectator

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Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden's plan

  • Written by Terri Friedline, Associate Professor of Social Work, University of Michigan
Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden's plan An estimated 20 million people will see their balances drop to zero.AP Photo/Evan Vucci

President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to US$10,000 in forgiveness for people who earn less than $125,000 – $250,000 for couples – and up to $20,000...

More Articles ...

  1. Terrifying dragons have long been a part of many religions, and there is a reason for their appeal
  2. Human nature can steer people away from new things – and that can blind them to novel threats
  3. Misinformation is a common thread between the COVID-19 and HIV/AIDS pandemics – with deadly consequences
  4. Diet can influence mood, behavior and more – a neuroscientist explains
  5. Conservatives and liberals are equally likely to fund local causes, but liberals are more apt to also donate to national and global groups – new research
  6. The Inflation Reduction Act doesn't get around the Supreme Court's climate ruling in West Virginia v. EPA, but it does strengthen EPA's future abilities
  7. Trump's Mar-a-Lago lawsuit spotlights how difficult search warrants are to challenge – by a criminal suspect or an ex-president – until charges are brought
  8. Ukraine celebrates Independence Day, with a new level of meaning as it fights back against Russia
  9. A new US data privacy bill aims to give you more control over information collected about you – and make businesses change how they handle data
  10. Dolphins use signature whistles to represent other dolphins – similarly to how humans use names

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