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Biden Student Debt Plan Fuels Broader Debate Over Forgiving Borrowers

Student holding US dollars
August 31, 2022

Bob Hockett, CRADLE

“The short answer to the question of debt forgiveness is that it all comes down to politics: which groups are favored by elite lawmakers, and which groups are less favored,” says Bob Hockett, professor of law, who supports Biden’s policy. “Student debt forgiveness is a relatively rare instance where we are getting debt forgiveness for average people.”

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  • Development, Law, and Economics