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Senate majority gives Biden path to student loan forgiveness


Senate majority gives Biden path to student loan forgiveness
Sylvan Lane
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Senate majority gives Biden path to student loan forgiveness
President-elect Joe Biden and congressional Democrats secured a rare chance to wipe out student loan debt for millions of Americans with last week s victories in the Georgia Senate runoffs.
The Democratic takeover of the Senate means Biden is in a much stronger position to deliver on a campaign pledge to sign legislation canceling up to $10,000 in student loan debt for borrowers who make less than $125,000 a year.
Biden has called student loan forgiveness a crucial step toward recovering from the coronavirus recession, and there s a growing expectation that his proposal would be included in a new COVID-19 relief bill - the top legislative priority for Biden and Democrats. ....

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