Student loan reform is good policy for all
Many Democrats thought President Joe Biden’s efforts to forgive vast swaths of student debt would be both good policy and good politics. But their hopes of winning over young voters by relieving college loan burdens did not pan out. The Democratic ticket not only failed to make any gains among 18-to-29-year-olds relative to its 2020 performance but also lost ground in the age group. Student debt remains a real issue: The $1.6 trillion in federal loans weighing on 42.8 million borrowers acts as a drag on the economy and has trapped millions of Americans in cycles of long-term ...