Tag: Student Debt

Is Biden’s Student Debt Forgiveness Policy Real?

Back in August the Biden Administration announced its intent to cancel an estimated $500 billion in student debt. While many doubted that he would be able to do such a thing for the nearly 40 million borrowers, he found money to use. The HEROES Act of 2003, which was passed in the begin of the

Executive Action to Cancel Student Debt ‘Still on the Table’

Press Secretary Jen Psaki made the comments on “Pod Save America” after being asked about past comments by White House chief of staff Ron Klain. Psaki gave a timeline, saying between now and the end of August, the ongoing debt payment pause is “either going to be extended or we’re going to make a decision,