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45 million Americans owe $1.7 trillion in student debt, and 93% of that debt is federally owned.
Forgiving student debt would generate more than $1 trillion of economic activity and create millions of jobs.
The Biden administration could forgive all federal student loan debt tomorrow without Congress.
Carl Gibson is a freelance journalist and columnist from Kentucky.
This is an opinion column. The thoughts expressed are those of the author.
President Biden took office facing down both a once-in-a-century pandemic and the economic fallout it created. But with Democrats having unified control of both chambers of Congress for the first time in more than a decade, Biden has a once-in-a-generation opportunity to effectively tackle those twin crises and significantly improve the lives of tens