He’s taking his time in going any further towards a possible $10,000 cut on the loans …
He is getting pushed to do this….
And?
He has flatly turned down any more forgiving …..
“President Biden is likely to decide later this summer whether to partially forgive student-loan debt for millions of borrowers, after the president said more than a month ago that he would weigh in on the issue in the next couple of weeks,” the Wall Street Journal reports.
“The officials said Mr. Biden is likely to announce his plans in July or August, closer to when the pandemic-related pause in federal student loan payments is scheduled to lapse, as the president and his senior advisers continue to weigh the political and economic fallout of any such move.”