“U.S. President Joe Biden said on Thursday that he will make a decision on whether to forgive some federal student loan debt and announce his plans soon. ‘I am considering dealing with some debt reduction,’ Biden told reporters. ‘I am not considering $50,000 debt reduction, but I'm in the process of taking a hard look at whether or not there will be additional debt forgiveness, and I'll have an answer on that in the next couple of weeks.’” Reuters
The left is divided, with some arguing in favor of cancelation, and others arguing that there are better ways to help the disadvantaged.