The president 'is moving in our direction' after previously saying he would forgive only up to $10,000 per borrower, the top Senate Democrat told HuffPost.
“Biden can do this with the flick of a pen… veterans are people who disrupted their lives and risked their lives — it doesn’t seem like much to ask,” Schumer told HuffPost in an interview on Thursday.
Schumer, Sen. Elizabeth Warren and allies in the House, including Reps. Ayanna Pressley and Ilhan Omar , have spent the months since Biden’s presidential win urging him to quickly wipe out billions of dollars of student debt by canceling up to $50,000 per person.he would cancel $10,000 per borrower, arguing that writing off more would be logistically impossible and too beneficial to rich Americans who attended expensive schools.
“There is sympathy for veterans among some sectors of the population who might not be” otherwise supportive of expansive loan forgiveness, the top Senate Democrat told HuffPost.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chuck Grassley is the 80-something everyone's waiting onIf Chuck Grassley, Iowa's incumbent senator, runs for reelection in 2022, the seat is safe for Republicans. If he retires, they'll have a battle on their hands.
Read more »
Chuck Grassley’s push-up challenge sounds like it's from 'Seinfeld.' But his longevity is no joke.If Sen. Chuck Grassley does seek reelection, Republicans and many Democrats concede the seat is essentially safe. If he doesn’t, the GOP's road to the majority gets that much harder.
Read more »
Petition calling on Biden to cancel student debt gets more than 1 million signaturesStudent loan borrowers are putting pressure on President Joe Biden to cancel their debt, with one petition garnering more than 1 million signatures.
Read more »