Loan Cancellation or Pension Bailout? A Conundrum for the Pundits

by┬áDr. Watson Scott Swail, President & Senior Research Scientist In August 2022, the Biden Administration dropped a student loan cancellation program on the country. At a cost of over $400 million, the program was to cancel $10,000 of student loan debt from anyone with an income of under $125,000/year ($250k if married filing jointly). Another $10,000 for those who received a Pell Grant, which is … Continue reading Loan Cancellation or Pension Bailout? A Conundrum for the Pundits