Looks like Biden is the one who PERSONALLY isn’t so hot on forgiving student loans. This will set him up for a showdown with THE SQUAD in Congress and Bernie Sanders in the Senate.
https://finance.yahoo.com/news/biden-cancel-50k-student-loan-175000729.html
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The White House said at the beginning of April that the president asked his education secretary, Miguel Cardona, to investigate whether Biden has the authority to forgive up to $50,000 in student loans. Given that it’s been more than seven weeks, it’s reasonable to think the verdict will come soon, maybe even within days.
But borrowers may not want to get their hopes too high. In a new interview, the president makes clear that he doesn’t want to be overly generous with student debt relief.
“The idea that you go to Penn (the University of Pennsylvania) and you’re paying a total of 70,000 bucks a year and the public should pay for that? I don’t agree,” Biden says, in the interview with David Brooks of The New York Times.