Similar Stories to On Student-debt Cancellation, Aoc Slams The 'ridiculous Assertion' It Would Benefit The Rich: 'do We Really Think That A Billion on Bing News

US Representative Alexandria Ocasio-Cortez.SAUL LOEB/AFP via Getty Images AOC pushed back against the argument that student-debt cancellation would benefit the rich. Experts are split on whether student-debt cancellation would be regressive or progressive. But many Democrats believe it would help low-income borrowers and want Biden to cancel student loans broadly. A core argument some make against student-debt cancellation is that it would benefit the wealthy.

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BING NEWS:
  • Biden Cancels Billions in Student Loan Debt, a Centerpiece of His Campaign
    The announcement applied to 160,000 borrowers and brings the total debt canceled by the administration to $167 billion. By Zach Montague Reporting from Washington President Biden announced another ...
    05/21/2024 - 1:00 pm | View Link
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