Can Biden really cancel student debt? Here’s where debate stands
by Sarah D. Wire, Los Angeles Times
Apr 14, 2021
4 minutes
WASHINGTON — President Joe Biden has asked the Department of Education to study whether he can unilaterally forgive federally held student loan debt, raising hopes for roughly 45 million Americans who collectively owe $1.7 trillion.
But whether relief will come is still unclear.
Last year, both the Trump administration and Congress temporarily halted collection from certain student loan borrowers in response to the COVID-19 pandemic. Biden instructed the Education Department to extend that relief.
It has prompted renewed calls from some progressives to have the federal government forgive student loan debt. Backed by Senate Majority Leader Charles E. Schumer, D-N.Y., they want
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