Mr. Biden has expressed skepticism about universal debt forgiveness, arguing against canceling debt for people who attend elite private universities. He has said he opposes forgiving up to $50,000 in student debt for all borrowers and has suggested his executive authority is limited. A January pol...
Biden asked supporters if he was “too old” to relieve student debt, appoint the first Black woman to the Supreme Court and sign climate laws. He also challenged the questions around whether he can continue to do so in a second term, when he woul...
U.S. Rep. Donald Payne, Jr. (D-10) is urging the President Joe Biden (D) administration “to cancel student debt in what would be a historic move for racial justice. By John Heinis/Hudson County View “Forgiving student loan debt is the right policy approach to relieve millions of...
"In addition to being economically unwise and inherently unfair, the Biden Administration's Mass Debt Cancellation is another example in a long line of unlawful regulatory actions. No statute permits President Biden to unilaterally relieve millions of individuals from their obligation to pay loans they...
The timeline for some debt forgiveness will also be shortened under the new plan, especially for community college students. After 10 years, the new plan would relieve outstanding debts for people who took out less than $12,000 in loans initially -- commonly students who attend less expensive,...
… Was I too old to relieve student debt for nearly 5 million Americans? Too old to put the first Black woman on the Supreme Court of the United States of America? To sign the Respect for Marriage Act?” Biden said unnamed forces are “trying to push him out of the race.” “...
bankruptcy and denying health services to those that cannot pay; banks and payday lenders that burden the destitute with predatory, high-interest loans; and a financial system designed to keep most of the country locked in a crippling debt peonage as the wealth of the oligarchic elite swells to...
“And while Republican elected officials do everything in their power to block millions of their own constituents from receiving this much needed economic relief, I will continue our work to lower costs, make higher education more affordable, and relieve the burden of student debt,” Harris said...
Long a self-identified centrist, Biden has mostly won over progressive Democrats through massive climate investments and steps to relieve student debt. But concerns – including from those among his party – remain over his ability to compel enough voters to stay on board for another term. 8...
In the lead up to his bid for a second term, the White House has targeted Republicans, specifically on the economy. In a statement released Monday night, press secretary Karine Jean-Pierre said House Speaker Kevin McCarthy’s debt limit bill would, “cut the American economy off at the kne...