
THE COSTLINESS OF FORGIVENESS
Recently, President Joe Biden announced that he would erase student debt up to $10,000 for every person making less than $125,000 in income. For those who receive a Pell Grant, their debt elimination would rise to $20,000. The decision by the president to unilaterally spend $330-$800 billion of taxpayers’ money will have tremendous implications. Some say that those implications will be beneficial. Others say they will be detrimental to the