05/19/2024
  • President Joe Biden’s Secretary of Education is looking into whether the he can cancel up to $50,000 in student loan debt per borrower 
  • Chief of Staff Ron Klain said at a Politico Playbook event Thursday that Biden had asked Education Secretary Miguel Cardona to write a memo 
  • Biden has agreed to canceling $10,000 in student loan debt and has publicly asked that Congress send him a bill 
  • A number of prominent Democrats, including Senate Majority Leader Chuck Schumer, have asked that he do it by executive action and make it $50,000