April 16, 2021
Business News

Biden on cancelling $50,000 in student debt: ‘I will not make that happen’

Democrats have been pushing President Joe Biden to cancel $50,000 in federally-held student loan debt for roughly 43 million Americans through executive order. The president is not planning on doing that.

“I will not make that happen,” Biden said during a CNN town hall on Tuesday night when asked if he would support cancellation of $50,000, adding that it “depends on whether or not you go to a private or public university” and that he’s opposed to saying that he was going to “forgive the debt, billions…

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