When President Biden announced his three-part plan to forgive hundreds of billions of dollars in federal student debt, a nationwide debate erupted. Experts, students, graduates, and everyday citizens all had different opinions about whether the relief would help or hurt the nation.
 
Now, Dr. Phil is weighing in.
 

“You’re not ever going to come up with a plan or a program that makes everybody happy all the time,” he says on Friday’s episode, “Student Loan Forgiveness: Worth It or Raw Deal?” “Somehow or another, there’s got to be some control on college costs.”
 
Hear more from Dr. Phil in the video above.
 
Is President Biden’s new loan forgiveness plan raising living standards or adding fuel to inflation? Helping lower-income Americans or supporting the rich? The experts debate on Friday’s episode. Check local listings to see where you can watch.

WATCH: Expert Says Universities Need To Take Some Responsibility For Student Loan Debt

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