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New - Biden completely rejects Schumer/Warren proposal to cancel $50K of student loan debt per borrower: “I will not make that happen." Says he doesn't want to forgive debts of borrowers from elite schools -- and money would be better spent on early childhood education.pic.twitter.com/oDwvCJveOm
“I’m prepared to write off $10,000 debt, but not 50 because I don’t think I have the authority to do it by signing” an executive order, Biden says. He pitches 0% interest on student loans (which he’s already done thru Sept.) & expanding public service loan forgiveness.pic.twitter.com/GUyQqYabdt
Biden didn't make clear whether that "write off" of $10K would be via executive action or legislation. White House aides previously pitched it as a request to Congress, though earlier this month said for first time they were considering exec action.https://www.politico.com/news/2021/02/04/schumer-biden-student-loan-debt-466054 …
That’s a shame. Non-rich people also attend elite schools.
For free.
Corporate Dems. Indebted to indebtedness.
to the stocks with him, this is utter bullshit
He wants Congress to do it; he doesn’t want to do it by EO.https://twitter.com/mstratford/status/1361890504691101699?s=21 …
What’s next @SenSchumer ? This is so disappointing. Dem leadership has been tweeting “cancel student debt!” for months, and now @POTUS just deflates the tires.
Why don’t they put legislation on his desk?
that's hard work..... cant daddy just do it for us?
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