President Joe Biden campaigned on canceling student debt. While he hasn't taken direct action, the White House has made a few key changes to make student debt more manageable. However, he faces pressure to do more.
WASHINGTON — The Biden administration announced last week it had canceled more than $400 million in student loans for people who attended for-profit colleges.
Instead, he has encouraged Congress to cancel to take action to cancel student debt — a move that has frustrated many in his party. For one, every American with federal student loan debt has enjoyed nearly two years of not having to make the payments — without interest accumulating on those loans.
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