'Good for the economy': Progressives escalate pressure on Biden to cancel student debt

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With nearly 45 million individuals receiving a bill each month, Americans now owe about $1.7 trillion in student loans.

voted to authorize the executive branch to cancel federal student loans. Federal student debt can be canceled with the 'flick of your pen,'" the members wrote in a letter to Biden, adding that"this authority is already being put to use, as it is currently being used to cancel the interest owed on all federally-held student loans.

"Student loan borrowers are teachers, health care workers & other essential workers. Many of them have been carrying the burden of student debt for decades. Helping these borrowers is popular and it's the right thing to do," the Massachusetts Democrat wrote. "People think that the president of the United States has the power for debt forgiveness," the California Democrat said."He does not. He can postpone, he can delay, but he does not have that power. That has to be an act of Congress."

 

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College students need to work more to pay down the debt, nobody works while in school anymore

Maybe they should have gotten a job and worked off the tuition thru each year instead of riding the money train into forseeable debt they wouldn't have been able to repay. They took out those loans. It's their fault.

Less than the amount spent on the war in Afghanistan.

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And who charged them so much? COLLEGES. WHY IS THERE NO HUGE OUTCRY ABOUT BIG COLLEGE LIKE THERE IS FOR BIG OIL?

Make the deadbeats pay?

Let Joe Manchin the Republican President save them.

Home loan, student loan, auto loan 1 time forgiveness will be the only way I’d be behind this. Otherwise pay your bills you created

If you get a loan, you pay it back. Simple

Tell ‘em to sell their Bitcoin and pay!!

CancelStudentDebt

WarnockWarrior POTUS forgot exactly who elected him and why.

Honestly …. Enough . You want me and millions of Americans pay for someone else’s education after we already paid for our own. You want me and others to pay for your children’s daycare after we’ve paid for our own or didn’t have children. The democrats of today are exhausting

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