Op-ed: Forgiving student debt will help senior citizens, too
Right now, over 43 million people in the United States are buried under $1.5 trillion dollars in federal student loan debt, including 6.3 million borrowers ages 50-64 and nearly a million borrowers over the age of 65 who may still be paying for a loved one’s education or for their own… We are calling on President Biden and Vice President Harris to immediately cancel up to $50,000 in federal student loan debt. The U.S. Department of Education holds that debt and can cancel it, too. This is exactly what Joe Biden and Kamala Harris should direct their Education secretary to do.
Read full article [here].
by Sens. Chuck Schumer and Elizabeth Warren, CNBC.