President Joe Biden’s proposal to forgive up to $10,000-$20,000 in federal student loan debt per borrower has been met with mixed reactions from both sides of the political aisle. Some argue that the plan doesn’t go far enough to address the issue of student loan debt, which currently stands at $1.7 trillion in the United States. Others believe that forgiving any amount of debt is a step in the right direction, while some have criticized the plan as being unrealistic or a political stunt. As the debate over the future of student loan debt forgiveness continues, many are left wondering whether Biden’s plan is a joke or a meaningful attempt to alleviate the burden of debt for millions of Americans.
Yes
It’s a joke.
No
It’s not a joke.