Education Secretary Says Expect Student Loan Announcement 'Within the Next Week or So'

As U.S. Education Secretary Miguel Cardona pledges a student loan payment pause announcement is coming 'within the next week or so,' SenWarren says that 'it's time to fix our broken student loan system and CancelStudentDebt.'

"We know August 31 is a date that many people are waiting to hear something from," he said, noting when the pandemic-related payment pause could end."We've been talking daily about this, and I can tell you that the American people will hear within the next week or so from the president and Department of Education about what we're going to be doing around that."

Meanwhile, activists and lawmakers who support bold student debt cancellation came out on Sunday with fresh calls directed at Biden—who, unlike some 2020 Democratic presidential candidates, ran on only canceling $10,000 per borrower.that"student debt cancellation will help reduce the racial wealth gap by nearly 30% and help millions of Black and brown folks build generational wealth."

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