President Biden indicated on Tuesday that writing off $50,000 in student debt is not something that he believes can be "done with presidential action," but said he is prepared to eliminate $10,000 for students.
That's right. He said it in the msn article this post links to as well:
"My point is: I understand the impact of debt, and it can be debilitating," Biden said. "I am prepared to write off the $10,000 debt but not $50 [thousand], because I don't think I have the authority to do it."
Some other info I found:
President Biden indicated on Tuesday that writing off $50,000 in student debt is not something that he believes can be "done with presidential action," but said he is prepared to eliminate $10,000 for students.
https://www.foxnews.com/politics/biden-separates-self-from-dem-call-to-erase-50g-in-student-loan-debt
These people are stupid.
That's right. He said it in the msn article this post links to as well:
"My point is: I understand the impact of debt, and it can be debilitating," Biden said. "I am prepared to write off the $10,000 debt but not $50 [thousand], because I don't think I have the authority to do it."