According to new reports President Biden is reportedly seriously considering taking executive action to forgive a significant amount of federally backed student loan debt held by millions of Americans.

The Details: Biden reportedly confirmed he was considering the action during a meeting with the Congressional Hispanic Caucus on Monday.


Advertisement

Biden reportedly did not give specific details but responded positively when the figure $10,000 was mentioned.

Biden also confirmed that he was open to extending the current pause on student loan payments past August 31st.

Follow us on Twitter and Facebook!

(Visited 743 times, 1 visits today)