Biden taking 'hard look' at student loan forgiveness

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Biden taking 'hard look' at student loan forgiveness
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President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month.

WASHINGTON — President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month.

“I'm in the process of taking a hard look at whether or not there will be additional debt forgiveness,” he said. "And I’ll have an answer on that in the next couple of weeks.” “President Biden, we agree that we shouldn’t cancel $50,000 in student loan debt. We should cancel all of it,” said Wisdom Cole, national director of the NAACP Youth & College Division. “$50,000 was just the bottom line.”

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