Biden ABANDONS Student Debt Relief
May 26, 2021
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7:16Now PlayingBiden ABANDONS Student Debt Relief
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as posted by the channelJoe Biden is unlikely to include his campaign plans for student debt cancellation in the proposed White House budget, as the administration remains focused on other priorities already outlined in his $4 trillion domestic agenda.
The exclusion is among several other campaign pledges jettisoned from his first budget outline, including a public option for health coverage and a plan to cut prescription drug costs, according to The Washington Post. The full 2022 budget proposal is due on 27 May.
In an interview with David Brooks of The New York Times, the president also appeared to dismiss progressive demands to cancel student loan debt, pointing to federal loan borrowers at high-cost private universities, which make up less than 1 per cent of federal borrowers.
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