Posted 10/9/2023, 4:36:12 AM
Biden Cancels $127 Billion in Student Loans, Sparking Debate Over Debt Forgiveness
- President Biden announced cancellation of $127 billion in student debt for 3.6 million Americans
- Announcement received mixed response on social media platforms like Twitter
- Some believe it could boost crypto investments like Bitcoin as people have more disposable income
- Others concerned it will burden taxpayers and question legitimacy of debt forgiveness
- Comes as US national debt surpasses $33 trillion for the first time in history
