Real Estate

Meet the researcher trying to get Biden to forgive student debt

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Charlie Eaton

Courtesy: Charlie Eaton

The odds of student loan forgiveness happening have never been greater, experts say. Yet a number of large obstacles stand in the way, some practical and others ideological.

Does the president have the authority to cancel the debt? Officials at the U.S. Department of Education and the U.S. Department of Justice are currently trying to find answers to that question.

If they conclude President Joe Biden can do so, will he? And if they decide he doesn’t, will Democrats, despite their razor-thin majority, manage to pass legislation forgiving student debt?

At the center of the ideological debate, meanwhile, is the question over who would really benefit from a…



Source cnbc.com

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