Student Debt: Cancel It All or Don't Bother
Joe Biden is poised to snatch defeat from the jaws of victory.
Update: The Debt Collective has called for a student debt strike if Biden doesn’t extend the current payment pause past August 31st.
The current pause on student debt payments will expire at the end of August. I suspect that the Biden administration will make a back-to-school announcement at that time. I also expect they’ll balls it up with a partial cancellation. $10K is the figure being kicked around.
The howls over even that incremental move have already begun. Senator Michael Bennett (CO-D) wants even more means-testing.
Student Debt: Cancel It All or Don't Bother
It gets worse: "Moving on canceling student loan debt, for example, they believe, could imperil whatever is left of the legislative agenda that is starting to emerge from Senate negotiations."
https://www.cnn.com/2022/07/05/politics/democrats-frustrated-biden-lack-of-urgency-supreme-court-setbacks/index.html