Apparently Biden is Now Considering Cancelling Student Debt.
Has the pressure been working?
As some of my critical readers have pointed out, I sometimes sound like a broken record when it comes to my thoughts on Joe Biden, and his handling of issues such as the $15 minimum wage, Medicare for All, his approach to dealing with Republicans and of course, the cancellation of student loan debt. Considering these are some of the topics I care about the most, naturally I’m going to be following and discussing the developments surrounding them. That said, recent reports seem to indicate that the President is at least appearing to shift his position on using his executive order to cancel $50,000 in debt, a move that a number of his fellow Democratic lawmakers support. Among those lawmakers is the Senate Majority Leader, Chuck Schumer.
With Chuck Schumer now leading the Senate and also happening to have an upcoming re-election campaign to worry about, he seems determined to keep the pressure on the President to use the power of the executive office to deal with the debt crisis. After months of wringing his hands and questioning the extent of his power, Joe Biden has finally instructed his Secretary of Education to look into his ability to ease the debt burden for millions of Americans.
