en تخصصي Special پژوهشي Research <ul> <li style="text-align:justify; margin-left:8px"><span style="font-size:14px;"><span style="font-family:Source Sans Pro;"><span style="line-height:normal"><span style="font-size:12.0pt"></span>In response to escalating higher education costs and interest rates, addressing the mounting burden of student debt in the United States is imperative. </span></span></span></li> <li style="text-align:justify; margin-left:8px"><span style="font-size:14px;"><span style="font-family:Source Sans Pro;"><span style="line-height:normal"><span style="font-size:12.0pt"></span>While federal-level student loan forgiveness policies have emerged periodically, alleviating the weight of educational borrowing remains a pressing concern for the Biden administration. </span></span></span></li> <li style="text-align:justify; margin-left:8px"><span style="font-size:14px;"><span style="font-family:Source Sans Pro;"><span style="line-height:normal"><span style="font-size:12.0pt"></span>Biden&rsquo;s Student Debt Relief Plan employs a blend of incentive and authoritative policy tools. However, questions persist regarding its potential impact on racial justice, student welfare, and specific borrower categories. </span></span></span></li> <li style="text-align:justify; margin-left:8px"><span style="font-size:14px;"><span style="font-family:Source Sans Pro;"><span style="line-height:107%">As implementation unfolds, addressing these concerns and challenges is essential to ensure the plan effectively meets the repayment needs of diverse borrowers while mitigating the risks associated with disparities related to race and wealth. </span></span></span></li> </ul> Student Loan Policy, Student Loan Cancellation, Minority Empowerment, Tuition Fee, Higher Education Finance 171 178 http://johepal.com/browse.php?a_code=A-10-531-2&slc_lang=en&sid=1 Chan Lu 10031947532846001670 0009-0009-3631-6924 Yes University of Georgia