NPR FACT CHECK: Biden's Comments On Loan Forgiveness And Elite Colleges
NPR FACT CHECK: Biden's Comments On Loan Forgiveness And Elite Colleges Posted on At a CNN town hall on Tuesday night, President Biden was asked if he supported the idea of forgiving up to $50,000 of student loan debt for individuals. His answer: No. He supports cancelling $10,000 in debt, he explained. But he said he is wary of erasing big chunks of loans for people who went to Ivy League schools: "The idea that ... I'm going to forgive the debt, the billions of dollars in debt, for people who have gone to Harvard and Yale and Penn ..." Instead, he explained, he'd rather use that money fo...