White House leans toward canceling $10K student loan debt for some. Economy expert weighs in

With the current pause on student loans expiring at the end of the month, the White House is weighing cancelling up to $10,000 in student loan debt per borrower who makes under $125,000. Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget, explains how canceling student debt could counteract the Inflation Reduction Act.
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