Should the federal government forgive up to $50,000 in student loan debt for qualified borrowers?

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56%

38%

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Opinions

Statistics

Undecided
1

Canceling part of federal student debt aims to relieve financial burden and stimulate the economy. Opponents argue it’s unfair to those who have repaid or never attended college.

Pros:

It boosts disposable income and consumer spending.
It reduces stress and mental-health strains on young adults.
It may narrow racial and income-based wealth gaps.

Cons:

It risks moral hazard, encouraging future borrowing.
The fiscal cost could exacerbate budget deficits.
Benefits accrue unevenly to higher-earning graduates.

Conclusion: Debt forgiveness offers relief and growth but demands careful eligibility and fiscal safeguards.