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Articles by Alexander Oakes

Joe Biden’s Reverse Robin Hood Student Debt Cancellation

12 days ago

The Biden administration recently announced that it is canceling another $7.7 billion in student debt, and this will bring the total amount of student debt it has forgiven to over $160 billion since 2021.The reason for this aggressive push on the topic of student debt, according to some political analysts, is that in the three years Joe Biden has been in office, he has failed to do enough in regard to this issue. As expected, this has left some of his constituency—primarily the college-educated sectors—wanting, and this is especially true considering that leading up to his victory in 2020, forgiving at least $10,000 of student debt per borrower was one of his main campaign promises.Of course, President Biden is not solely to blame for this “lackluster” performance

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