Biden’s Student Debt Relief Plan and Bitcoin CryptoBlog

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This is an opinion piece by Robert Hall, content creator and small business owner.

President Biden on Wednesday announced a student loan relief program designed to reduce debt for millions of Americans across the country. Current and former students with student loans are on the verge of having $10,000 to $20,000 in debt wiped out, depending on the type of loan.

An estimated 43 million Americans will benefit from this new plan. This can be a good thing, because people who have trouble repaying their student loans were probably never going to pay them back in the first place. Is this a good policy? It depends who you ask. If you ask a Democrat, they might say Biden’s plan doesn’t do enough to help low- and middle-income Americans.

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