On student loans, Biden doesn’t have an answer yet

On student loans, Biden doesn’t have an answer yet

“We are looking for a clear answer from our president – I for one don’t believe I’ve heard one yet,” said Rep. Cori Bush (D-Mo.), a progressive who has been vocal on fighting the student loan crisis.

But pressure has been building on the president to forgive student debt, especially before the upcoming midterm elections, and broad-based forgiveness has gained support among Democratic leaders including Senate Majority Leader Charles Schumer (N.Y.).

Roughly 43 million Americans owe a collective amount of more than $1.7 trillion in student loans to the federal government.

Lawmakers and advocates who have pushed for President Biden to act on student loan forgiveness were left frustrated and disappointed this week when he didn’t answer a reporter’s question on the issue

“If only students could avoid their debt the way Biden dodges questions about his broken promises,” said Thomas Gokey, an organizer with the Debt Collective.