President Biden hints to Rep. Tony Cardenas in a private meeting that he has plans to make a positive impact regarding student debt cancellation. John Iadarola and Jordan Uhl break it down on The Damage Report.
Read more here:
Biden signals he’s open to canceling student loans - https://www.washingtonpost.com/politics/2022/04/26/biden-cancel-student-loans/
"President Biden gave his strongest indication yet in a private meeting with House Democrats that he is poised to take significant action to relieve student loans, a move that could include canceling tens of thousands of dollars in debt for some people.
Borrowers are currently benefiting from a moratorium on paying off their student loans that lasts until Aug. 31, a pandemic-induced pause that began under the Trump administration. The White House has come under considerable pressure from the liberal wing of the Democratic Party to cancel the liabilities outright, rather than repeatedly extending the moratorium as it has been doing."
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