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On student loans, Biden doesn’t have an answer yet

Posted by RajeevKumar

On student loans, Biden doesn’t have an answer yet

“We are looking for a clear answer from our president – I for one don’t believe I’ve heard one yet,” said Rep. Cori Bush (D-Mo.), a progressive who has been vocal on fighting the student loan crisis.

But pressure has been building on the president to forgive student debt, especially before the upcoming midterm elections, and broad-based forgiveness has gained support among Democratic leaders including Senate Majority Leader Charles Schumer (N.Y.).

Roughly 43 million Americans owe a collective amount of more than $1.7 trillion in student loans to the federal government.

Lawmakers and advocates who have pushed for President Biden to act on student loan forgiveness were left frustrated and disappointed this week when he didn’t answer a reporter’s question on the issue

“If only students could avoid their debt the way Biden dodges questions about his broken promises,” said Thomas Gokey, an organizer with the Debt Collective.

When asked by The Hill why Biden didn’t answer the question and what the answer would be, a White House official said the president supports Congress providing $10,000 in debt relief and he continues to look into what debt relief actions can be taken administratively.

“I’m happy to see that the press continues to hammer the president and the press secretary on this issue,” said Cody Hounanian, executive director at Student Debt Crisis Center (SDCC). “What it means to me is that no matter what this administration does, the press and the public in general remember what he promised on the campaign trail.”


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