Last week, U.S. President Joe Biden announced his administration would be forgiving up to US$20,000 in student loans for low- and middle-income borrowers, reducing the debt load for more than 40 million Americans.
Some student groups, as well as the federal NDP, have called on the federal government to do the same here in Canada, but experts are divided over whether cancelling student debt is the best way to help young Canadians.
Not fair to anyone who has paid it back.
