Here is the Question of the Day:
During the COVID-19 pandemic, the Biden administration paused repayment on student loan balances owed to the federal government and attempted to cancel up to $10,000 of student debt for lower-income borrowers. Lawsuits were filed, and the Supreme Court is now considering the issue. Federal loan forgiveness has occurred in other arenas, such as business. NPR reported in January that data from the Small Business Administration shows that 92% of COVID-19 small-business Paycheck Protection Program loans have been granted full or partial forgiveness, even to businesses owned by wealthy celebrities. How should we proceed on the concept of forgiving debt?
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