Biden Won’t Cancel Student Loans Before Student Loan Relief Ends

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Biden Won’t Cancel Student Loans Before Student Loan Relief Ends
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Don't expect student loan cancellation.

). While legislators are entitled to their own opinions, it would be more effective to agree on a specific, unifying principle. For example, Senate Majority Leader Chuck Schumer and Sen. Elizabeth Warren support the final proposal, which is the leading proposal in Congress. .Progressives in Congress are intently focused on $50,000 of student loan cancellation. There doesn’t appear on any wavering or compromise on this number.

So, why are progressives in Congress continuing to focus on $50,000 of student loan cancellation? It’s important to stick to principles and defend your position. However, if their goal is to get wide-scale student loan cancellation in the next two months, this seems like a futile attempt to reach consensus. . Some may argue that the president also could compromise his position. However, Congress makes laws and authorizes federal spending, not the president.

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