Progressive Lawmakers to Biden: ‘Cancel Student Loan Debt.’ All of It. Now.

“I have 76-year-old constituents in the Massachusetts 7th still paying student loans,” she said, “all while on Social Security and a fixed income.”

President Joe Biden using his executive authority to wipe out $50,000 per borrower in student debt, said Pressley, would be “one of the most effective ways that he can provide sweeping relief to millions of families while helping to reduce the racial wealth gap to lay the groundwork for an equitable and just long term recovery.”

Progressive groups and lawmakers have urged Biden to exercise the legal authority they say he has under Section 432(a) of the Higher Education Act to cancel student debt.

commondreams. Progressive Lawmakers to Biden: ‘Cancel Student Loan Debt.’ All of It. Now.