February 17, 2021
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President Joe Biden said Tuesday that he won’t be canceling $50,000 of student loan debt for borrowers, as has been proposed by other top Democrats.
When asked about the matter during his first presidential town hall with CNN, Biden said, “I will not make that happen.”
Though, during his campaign for the presidency, Biden did say that he supports canceling up to $10,000 in federal student loan debt and he reiterated that during the town hall.
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