Summary List Placement

President Joe Biden effectively rejected on Tuesday evening a Democratic plan put forward by Sens. Elizabeth Warren and Chuck Schumer to wipe out up to $50,000 in student loan debt per borrower. Instead, he said he backed a measure to provide up to $10,000 in forgiveness.

“I will not make that happen,” he said of the $50,000 relief measure. Instead, he told a CNN town hall audience he believed loan forgiveness “depends on whether or not you go to a private university or a public university.”

Biden said he was reluctant to forgive debt for people details ⇒

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