Biden will drop student loan forgiveness
from next week's budget breaking campaign
promise to cancel $10,000 debt for
all 42 million Americans
Posted By: Ribicon, 5/23/2021 9:56:25 PM
Joe Biden will not include student loan forgiveness in his upcoming Budget, after pledging to cancel $10,000 from loans on the campaign trail. Biden is due to announce his latest budget at the end of next week, and claims he has grown suspicious of wiping out the loans. The shift in policy is a major blow for the more than 42 million Americans who have student loans. Biden had been pressured by progressives in the Democrat Party including Elizabeth Warren and Alexandria Ocasio-Cortez to forgive up to $50,000 in debt. Chuck Schumer, the Senate Majority Leader, was also in favor.
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Comments:
Ha! Now the Bidet voters can feel cheated too. Especially those who, figuring the taxpayer would flip the bill, took out extra student loans to pay down credit cards and such.