this post was submitted on 30 Jun 2023

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The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt (apnews.com)

submitted 2 years ago by NightOwl@lemmy.fmhy.ml to c/worldnews@lemmy.ml

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[–] frozen@lemmy.frozeninferno.xyz 38 points 2 years ago

Relieving debt for the poor would allow them to spend their money on other things, or save it. Best case scenario, they're able to support their kids' educations and help break the generational cycle of poverty.