Congressional Democrats on Thursday introduced legislation that would immediately cut interest rates to 0 percent for all 44 million student loan borrowers in the U.S.  While the Student Loan …
  • ZombieMatrix@lemmy.world
    01·
    11 months ago

    Nah, thats not just. They don’t need to introduce a bill to wipe this out. Biden should do it because he can and its the right thing to do.

      • nfh@lemmy.world
        0·
        11 months ago

        The Supreme Court said that he couldn’t, because he couldn’t point to “clear congressional authorization” for the cancellation program. An act of Congress not only can waive student loan debt, but is how SCOTUS said Biden would need to go about it.