Student debt: Biden’s imperfect plan triggers mountain of resentment

There are any number of legitimate criticisms of President Joe Biden’s effort to cancel student debt for tens of millions of Americans, from how the potential $300 billion cost could prove inflationary to the likelihood that he has overstepped his legal authority. It’s not even clear how much the plan unveiled Wednesday will help families truly staggering under the weight of government-backed loans and how much will wind up in the pockets of people who can afford to make payments as they journey further on their degree-buoyed professional career tracks.