CNBCのインスタグラム(cnbc) - 2月18日 07時31分


President Joe Biden on Tuesday night shot down his fellow Democrats’ push to forgive up to $50,000 in federal student debt per borrower.⁠

“I will not make that happen,” the president responded to an attendee at a CNN town hall.⁠

The comments will disappoint student loan holders waiting to see whether Biden eases their financial strain and congressional Democrats who have urged him to take action. Lawmakers led by Senate Majority Leader Chuck Schumer, Sen. Elizabeth Warren, and Rep. Ayanna Pressley earlier this month pushed Biden to cancel $50,000 in debt and argued he had the power to do so without Congress.⁠

In ruling out forgiving $50,000 in debt, Biden said he had concerns about disproportionately helping people who went to prestigious colleges and secured high-paying jobs. The president said he would rather use the money to pay for early childhood education.⁠

Biden has said he would sign legislation forgiving up to $10,000 in student loans if Congress passes it. The White House is also reviewing his legal authority on the issue.⁠

Full story at the link in bio.


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