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Biden’s Student Debt Relief

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Biden’s Student Debt Relief
President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) in the Roosevelt Room of the White House in Washington on Aug. 24, 2022. Olivier Douliery/AFP via Getty Images
Milton Ezrati
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Commentary

President Joe Biden has offered student debtors some relief. Legal challenges question whether he has the authority to make such a financial commitment. However, even if the White House prevails in court, arguments pro and con will still matter, especially as the nation approaches this year’s midterm elections and the 2024 presidential contest.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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