In August 2023, the Biden administration proposed the SAVE (Saving on a Valuable Education) plan as a new effort to relieve many college students and graduates from the burden of expensive education costs.
Browsing: Student loan forgiveness plan
For many Americans, the debate over student loan forgiveness is a politically polarizing one. Democrats usually argue that student loan forgiveness will help relieve the financial burden on students; Republicans usually argue that it is unfair to use everyone’s tax dollars to fund the forgiveness of student loans that were willingly taken out in the first place.