Student loan forgiveness could become reality after Dems win control of the Senate

published 12.01.2021 15:34

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AOC INSISTS BIDEN CAN USE EXECUTIVE ORDER TO CANCEL STUDENT LOAN DEBT “Immediate $10,000 forgiveness of student loans, helping people up there in real trouble," Biden said in November.

BIDEN CALLS FOR ERASING SOME STUDENT LOAN DEBT, FACES PROGRESSIVE PRESSURE TO GO FURTHER Warren said Biden could use existing executive authority under the Higher Education Act to order the Department of Education to cancel student loan debt.

Sens. Chuck Schumer, D-N.Y., and Elizabeth Warren, D-Mass., as well as Reps. Alexandria Ocasio-Cortez, D-N.Y., and Ayanna Pressley, D-Mass., have urged Biden to use an executive order to cancel $50,000 of outstanding federal student loans per borrower.

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