Imagine Having The Left’s Attitude On Student Loans Toward Other Exorbitant Debt

Imagine Having The Left’s Attitude On Student Loans Toward Other Exorbitant Debt


Former Vice President Joe Biden endorsed a long-sought item on the progressive wish-list this week by pledging to sign any bill that cancels student debt.

On Monday, Biden gave his support for a key provision in House Democrats’ $2.2 trillion HEROES Act updated in October to include student loan forgiveness for up to $10,000 in private, nonfederal student loans for the “economically distressed.”

“Immediate $10,000 forgiveness of student loans, helping people up there in real trouble,” Biden said, should come from Congress. “It should be done immediately.”

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True to form however, progressives want more.

In September, Sens. Chuck Schumer of New York and Elizabeth Warren of Massachusetts put forward a proposal for individuals to cancel student debt up to $50,000. The senators say the next president doesn’t need congressional approval to take such action, and pointed to a Harvard legal opinion that the decision to cancel student debt rests with the president and the education secretary since the Department

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