President Biden announced on Wednesday an executive order to cancel at least $10,000 in federal student debt per borrower and extend a payment freeze through the end of the year. The plan has come under fire from some high-profile economists, including former Obama economic advisers Jason Furman and Larry Summers, who said that it will fan the flames of the nation’s 40-year high inflation. Experts are divided over the inflationary effects Biden’s plan. Most agree, however, that even if student loan relief does lead to higher prices, the change will be marginal. While Biden’s order will likely give student borrowers a total of at least $300 billion in relief over a decade, mo
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