As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:
Senate Majority Leader Charles Schumer (D-N.Y.) told activists on Wednesday that President Biden and his senior advisers are warming up to the idea of forgiving student debt, insisting they are closer to pulling the trigger “than ever before.”
Schumer, who has repeatedly called for canceling up to $50,000 in student debt per borrower, predicted that’s where the president and his administration will ultimately land.
The article goes on to state the following:
“I have talked personally to the president on this issue a whole bunch of times. I have told him that this is more important than just about anything else that he can do on his own,” he told the State of Student Debt Summit in a virtual event Wednesday.
“We’re making progress folks. We are making progress. The White House seems more open to it than ever before,” he added.
Last week, the Department of Education that it would extend the pause on federal student loan repayment.
“Don’t get me wrong, the pause is a good thing, but it ain’t enough. It ain’t close to enough,” Schumer said.
“I have talked personally to the president on this issue a whole bunch of times. We’re making progress folks. We are making progress. The @WhiteHouse seems more open to it than ever before.” https://t.co/fTnVTViMyO
— Student Debt Crisis Center (SDCC) (@DebtCrisisOrg) April 13, 2022
— The Hill (@thehill) April 13, 2022
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To get more information about this article, please visit TheHill.com.