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Category: Student Debt

Republican Governors Just Sent Biden a Letter About Student Debt Relief That Misses the Point

Protestors outside the Education Department in April called on Joe Biden to cancel student debt.Allison Bailey/AP Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.In a letter sent to the president on Wednesday, nearly half of American governors—all Republican—voiced their opposition to Biden’s student loan forgiveness plan,…

No, Student Debt Relief Won’t Stoke Inflation

It’s simple: without all that debt, you won’t be able to afford things.Mother Jones illustration; Getty Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.On Wednesday, President Biden announced his much-anticipated plan to lighten the $1.6 trillion student debt burden that hangs over 45 million borrowers. Under…