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Consequences of Biden’s plan to cancel student loan debt, according to experts: ‘Enormous consequences’
Fox News
Canceling student loan debt would create inequality and raise inflation several experts told Fox News Digital.
"I am not considering $50,000 debt reduction, but I am in the process of taking a hard look at whether or not there will be additional debt forgiveness," Biden said.
Former Congressional Budget Office Director Douglas Holtz-Eaken said canceling student loan debt would do nothing to slow rising inflation in the United States.
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