President Biden cancels $10,000 in student loan debt: Pros and cons
President Biden announced yesterday that he would cancel $10,000 in student loan debt for Americans earning less than $125,000 per year or households earning less than $250,000. In The Daily Article for August 25, 2022, Dr. Jim Denison discusses the pros and cons of student loan forgiveness before turning to “our quest for self-advancement” and our need as Christians to lose our life for Jesus’ sake (Matthew 16:25).
Author: Dr. Jim Denison
Narrator: Chris Elkins
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The skinny
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