Biden stays under pressure on student loan debt…

Lets cut to the chase….

Joe Biden REALLY doesn’t want to much of anything about cutting back astudent loan debt….

His admin HAS straighten out the program that helped civil servents erase their debt ….

Running for office progressives wanted himm tro erase $50,000 form outstanding student loan’s….

He balked….

He countered with maybe $10,000…..

Time pasted and he then balked on the $10,000 saying he couldn’t do anything….

Congress had to….

Mind you Trump erased student debt for disabled vets HIMSELF….

 

That’s not all…

The Biden admin has let stopped the ban on evictions, enhanced unemployment benefits and expanded child tax credit….

 

The Student loan debt freeze has saved borrowers, who are also could be voters,  $195  Billion so far….

The push to get the President to go along with some kind of student loan debt relief continues….

Biden has to make another decision by May 1….

“Unemployment remains higher than two years ago, and families are experiencing significant price increases on household goods, food, and energy,” the Democratic lawmakers wrote.

The letter’s signatories included Reps. Conor Lamb (Pa.) and Tim Ryan (Ohio), who are running for the Senate, and progressive Rep. Rashida Tlaib (D-Mich.).

But some of Biden’s allies are urging him not to stop there.

Many progressives — and even some top Democrats like Senate Majority Leader Charles Schumer (N.Y.) — are further urging Biden to cancel student loan debt altogether.

“Without action, student loan payments will resume on May 1. President Biden can act now by using his existing legal authority to #CancelStudentDebt,” Schumer tweeted on Tuesday.

Senate Health, Education, Labor, and Pensions Committee Chairwoman Patty Murray (D-Wash.) similarly called for extending the freeze until at least next year while using that time to reform the student loan system.

Her proposals included forgiving some debt for low-income borrowers or those who left college without completing a degree and clearing negative credit histories for borrowers who were in default before the payment pause.

“We’re talking about a policy failure that has financial consequences that keep people in jobs they don’t like, prevent them from buying houses or starting families—or force them to choose between making their loan payments and paying for groceries, rent, or health care,” Murray said last week….

More….