Biden Eyes ‘Some’ Student-Loan Forgiveness, Not $50K

President Joe Biden says he is taking a “hard look” at whether to take additional steps on student debt forgiveness after Senate Democratic leader Chuck Schumer proposed this week to cancel $50,000 in debt for each borrower. “I am considering dealing with some debt reductions. I am not considering $50,0000 in debt reduction,” Biden says at the White House on Thursday.

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