Joe Biden will not include any student loan cancellation in his annual budget, Stimulus package or Infrastructure Plans;
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In aggregate, since becoming president in January, Biden has not included wide-scale student loan cancellation.
- The exclusion of student loan cancellation isn’t a surprise. Based on the latest news on student loan cancellation, it’s easier to read the writing on the wall about where Biden stands on his executive authority to cancel student loans.
- It’s not that Biden doesn’t support student loan cancellation; he does. However, Biden wants Congress — not the president — to enact student loan cancellation through legislation.
SOURCE – FORBES
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