Biden’s plan to forgive student debt could have limited economic benefits, and carry risks – CNBC

U.S. President-elect Joe Biden gestures to reporters as he arrives to announce nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters If President-elect Joe Biden follows through on his campaign promise to forgive student loans to many borrowers, he’ll…