President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs. The news will provide relief for borrowers at a time when the cost of higher education has surged. But critics are questioning the fairness of the plan and warn about the potential impact on inflation should the students with the forgiven loans increase their spending. Here are three key arguments – for and against the wisdom of Biden's decision.
