There’s a group of student loan borrowers who may need relief more than anyone else: retirees and others who are smothered by student debt in their senior years. Sadly, President Joe Biden’s student debt forgiveness plan doesn’t do enough for them.

Like the whole topic of loan forgiveness, it’s difficult to craft a solution that’s fair to other borrowers who make their payments. But there are ways to provide targeted relief for older Americans whose financial lives are overwhelmed by student debt with little chance of ever being able to repay.

Alexis Leondis is a Bloomberg Opinion columnist covering personal finance.

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