“We are concerned that the latest draft of the rule would fall far short of providing the full scale of debt relief that low- and middle-income Americans urgently need.” Seven members of Congress on Monday sounded the alarm about the Biden administration’s evolving student debt cancellation plan and called on U.S. Secretary of Education Miguel Cardona to […]
WASHINGTON — President Joe Biden on Wednesday announced another $9 billion in student debt relief through improvements to existing programs, a move that will affect 125,000 Americans, and which he touted as leading to economic improvement. Wednesday’s announcement focuses on three programs: one for borrowers who have worked in public service for more than a decade; […]
“I know it is shocking to some Republicans that the government actually on occasion does something to benefit working families and low-income people,” said the Vermont senator. Sen. Bernie Sanders on Sunday mocked the GOP over its sustained meltdown in the wake of President Joe Biden’s plan for student debt cancellation, noting that he never hears […]
“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 […]