‘Broad’ education loan forgiveness nonetheless up for grabs, Knowledge Assistant Miguel Cardona says
Degree Assistant Miguel Cardona said the training Company was “gonna keep talks” towards Light House when it comes to common loan cancellation. (iStock)
More than 500,000 student loan consumers have qualified for some form of student loan forgiveness since President Joe Biden took office. But so far, the White House has not pushed through the widespread student debt cancellation the president promised on the campaign trail.
However, the Biden administration is still discussing “broad” student loan cancellation, Secretary of Education Miguel Cardona told CNBC at a Wednesday city hallway.
“Our conversations are ongoing with the Department of Justice and the White House on those issues,” Cardona continued, referring to common student loan forgiveness.
With mounting pressure from top Democratic lawmakers like Senate Majority Chief Chuck Schumer, as well as the progressive voters who put Biden in office, the issue of federal cheapest payday loans in Lynchburg Tennessee education loan personal debt forgiveness remains a priority at the White House.
It’s still uncertain whether the Department of Education will move to cancel debt via an manager acquisition out-of Biden, or if college graduates will need to rely on Democrats and Republicans in Congress to come together to enact student loan forgiveness legislation.