President Biden announced recently that most federal student loan borrowers will be eligible for up to $10,000 in student loan forgiveness. Some of have taken issue with it, though their arguments don't hold water seeing that the same critics have supported handouts to corporations and billionaires who don't need it. That being said, the real problem is that colleges and universities are charging highly exorbitant and inflated tuition rates. Until that is fixed, this was simply a Band Aid.