Biden Drops Student Loan Forgiveness From Latest Budget
According to the Washington Post, President Joe Biden will not include any student loan cancellation in his annual budget. While the annual budget, which is expected at the end of next week, only contains major policy plans that have already been released by the Biden administration, it’s another major setback for student loan cancellation… It’s not that Biden doesn’t support student loan cancellation; he does. However, Biden wants Congress — not the president — to enact student loan cancellation through legislation.
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by Zack Friedman, Forbes.