Democratic Senators have urged student loan cancellation
President-elect Joe Biden recently said that he is “unlikely” to cancel student loans through executive order.
Speaking to a group of columnists last week, Biden reportedly said “it’s arguable that the president may have the executive power to forgive up to $50,000 in student debt.”
“Well, I think that’s pretty questionable. I’m unsure of that. I’d be unlikely to do that,” Biden said.