Forgiving student debt will help W.Va.
President Joe Biden’s student debt forgiveness plan (should it be implemented) strikes a valiant compromise between those who preach fiscal responsibility and those who’d like to see all student debt erased. Biden’s plan forgives up to $10,000 for borrowers making less than $125,000 annually ($250,000 for married couples). Individuals who’d received Pell Grants (awarded based on financial need) can get up to $20,000 in student debt forgiven. Certain policy changes will help current and future borrowers. There are plenty of objections: It’s not fair to everyone who has ...