Concerns about financial fairness often occur when a financial benefit or expense is distributed differently among two or more people or groups of people. Questions of financial fairness arise in several situations, such as college savings, college financial aid, scholarship displacement, loan eligibility, student loan forgiveness, pay gaps, tax policy and divorce. Financial fairness concerns how to distribute financial benefits and costs among two or more people ... [+] or groups of people. College Financial AidThe goal of need-based financial aid for college is to eliminate ability to pay as a barrier to obtaining a college education. Student Loan ForgivenessWith more than $1.7 trillion in student loan debt outstanding, borrowers and policymakers have been calling for student loan forgiveness.

Source: Forbes January 25, 2021 20:15 UTC