“Widespread debt cancellation is needed immediately,” said one advocate. A survey out Thursday shows that more than half of student loan borrowers in the United States say they would not currently be able to make a single monthly debt payment if they were required to, a finding that comes amid mounting calls for universal student debt cancellation. The […]
“Write, call, email,” urged the Democratic leader, who said President Joe Biden is “more open” to the proposal than ever before. Senate Majority Leader Chuck Schumer on Wednesday urged debt relief campaigners to keep pushing President Joe Biden to broadly wipe out student debt, saying he’s talked extensively with the White House about debt cancellation for […]
“We need immediate student debt relief, and deferring payments again is a great step, but we need to do more,” says Congresswoman Marie Newman. After a White House official confirmed this week that President Joe Biden is considering further extending a pandemic-related pause on student loan payments, lawmakers and activists renewed calls for debt cancellation. While […]
WASHINGTON — The U.S. Senate voted 50-48 Thursday night to pass an agreement to extend the government’s borrowing authority through early December to avert what could have been the country’s first-ever default on its debts. Senate Majority Leader Chuck Schumer announced the pact on the Senate floor after negotiations with Republican leader Mitch McConnell. He proposed […]