President Joe Biden gave a much-anticipated speech on student loans on Monday, promising tens of millions of people he would reduce or eliminate their student debt balances.
“While a college degree still is a ticket to the middle class, that ticket is becoming much too expensive,” Biden said at a technical college in Madison, Wisconsin. “In fact, things are a lot different from when college tuition was more affordable and borrowing for college — repaying those loans was more reasonable.”
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