Biden Is Considering 'Significant' Student Loan Debt Cancellation, Say Lawmakers

to cancel student debt, with dozens of members of Congress saying he should use his executive powers to eliminate at least $50,000 in debt per borrower.to eliminate $50,000 in student loan debt per person; during his presidential campaign, he said he supported legislation forgiving $10,000 of debt per person.

Widespread loan forgiveness would have a significant impact on the racial wealth gap, as Black undergraduates are more likely than any other racial group to have to borrow money to pay for college — and Black students graduate with the greatest student loan debt of any group,

Still, over a year later....but, none the less, I've paid mine off, like a responsible borrower not looking for a hand out.

There is no such thing as debt cancellation. What Biden is trying to do is have the unprivileged, who didn't get college education pay off the debts of the privileged that did. The goal is to bribe students and ex-students to vote for the Democrats.

No! We had to pay it back and so do they!

Perfect timing. Just before midterms. Who could have predicted this ..... 🤔

a dollar is too much

Oh! I thought you wanted elonmusk to pay off everyone’s loans? instead of buying Twitter? Can he also reimburse all of us for the past 40 years who did the honorable thing and repaid what we borrowed? You know responsible members of society!

I love how he keeps dangling the one thing likely to help the Dems keep at least one chamber of Congress in Fall, but he'll keep Peppermint Pattying it and then be all flustered about not being able to do anything for the next two years while the Rs setup Trumps return.

Some?

Joe Biden lost the Hispanic vote for Democrats.

Good job 👍👏 President Biden! Passes All Bills especially the Built Back Better Bills to protect and Saved All Lives Now and forever in Jesus Christ name 🙏😇🙏🙌😇🙌💯 AMEN America! God make it happens never existed before Amen America!

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'Just Cancel It': 85% of Young US Voters Want Action on Student DebtA plurality of Americans under age 30 surveyed by Harvard Kennedy School's Institute of Politics support canceling all outstanding student loan debt. Yes but more important is what does the Senator from West Virginia think? KayKosmos What about the kids entering college now? Nothing for them but the same-old, same-old? How is that right? And a plurality of alcoholics support the distribution of free booze.
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