The letter, led by Sen. Elizabeth Warren and Rep. Ayanna Pressley and signed by Senate Majority Leader Chuck Schumer, follows the Supreme Court's striking down Biden's federal student loan cancellation.
“Although the Supreme Court has chosen to stand in the way of your initial student debt relief plan, we recognize that as President of the United States, you have additional tools to provide relief,” the Democrats write. “Working and middle class families need this relief to come as soon as possible.
“Borrowers have already waited nearly a year for the relief you announced in August 2022, and critics of your plan to help 43 million Americans are likely to renew their attacks with regard to your rulemaking announcement,” the Democratic members say. “We urge you to reject their bad-faith, partisan attempts to delay relief and carry out your efforts to help borrowers as quickly as possible.”
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