Student Loan Servicing Alliance

Progressives beg Biden for student loan forgiveness

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Progressives beg Biden for student loan forgiveness

FILE - American University student Magnolia Mead puts up posters near the White House promoting student loan debt forgiveness on April 29, 2022, in Washington. Tens of millions of Americans are waiting to see if President Joe Biden will deliver the widespread student debt forgiveness he endorsed as a presidential candidate. Biden talked of canceling $10,000 per borrower, but the plan stalled when he asked Congress to pass the relief. With that body gridlocked, Biden recently said he's still taking a “hard look” at the question. (AP Photo/Evan Vucci, File)President Joe Biden considers forgiving up to $10,000 of student loan debt as a ploy to appeal to young voters. The pandemic pause on student loan repayments will expire August 31 as the President attempts to extend the freeze until the end of 2022 or by next summer.