• Biden tells Chuck Schumer to 'go ahead' with calls for $50,000 in student-debt cancellation

    17 hours ago - By Business Insider

    Senate Majority Leader Chuck Schumer.
    Photo by Sarah Silbiger/Getty Images
    Biden told Chuck Schumer to keep the pressure on to cancel $50k in student debt, Schumer said.
    Biden is reluctant to cancel that amount, saying he does not think he has the executive authority.
    But Democrats say borrowers need immediate relief through $50,000 in student debt forgiveness each.
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    Democratic lawmakers have been keeping the pressure on President Joe Biden to cancel $50,000 in student debt per borrower. Biden just told a top Democrat to keep the calls coming...
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