• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Biden asks education secretary if he can cancel student loan debt

Biden asks education secretary if he can cancel student loan debt

April 2, 2021
Mexico’s President will propose a migration agreement during US climate summit

Mexico’s President will propose a migration agreement during US climate summit

April 18, 2021
In Indianapolis Shooting, a Red Flag That Never Flew

In Indianapolis Shooting, a Red Flag That Never Flew

April 18, 2021
TSA finds lump of crystal meth inside traveler’s breakfast burrito

TSA finds lump of crystal meth inside traveler’s breakfast burrito

April 18, 2021
Prince Harry and  Prince William met privately for hours amid rift: report

Prince Harry and Prince William met privately for hours amid rift: report

April 18, 2021
Suspect in custody after triple-fatal Kenosha bar shooting

Suspect in custody after triple-fatal Kenosha bar shooting

April 18, 2021
Rage Against European Super League Is Muffled by Our Cheers

Rage Against European Super League Is Muffled by Our Cheers

April 18, 2021
In Dreams Begin Responsibilities: The Bountiful Life of Vartan Gregorian

In Dreams Begin Responsibilities: The Bountiful Life of Vartan Gregorian

April 18, 2021
Top European Soccer Teams Form Breakaway League

Top European Soccer Teams Form Breakaway League

April 18, 2021
As Fans Wait on the Yankees to Show Up, One Won’t Be Back

Fans Wait on Yankees to Show Up, but One Player Won’t Be Back

April 18, 2021
Joe Biden, family attend confirmation of grandson in Delaware

Joe Biden, family attend confirmation of grandson in Delaware

April 18, 2021
CDC: Quarter of Americans fully vaccinated against coronavirus

CDC: Quarter of Americans fully vaccinated against coronavirus

April 18, 2021
NASA’s Mars helicopter to make 1st flight on another planet

NASA’s Mars helicopter to make 1st flight on another planet

April 18, 2021
DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Education

Biden asks education secretary if he can cancel student loan debt

April 2, 2021
in Education, News
Biden asks education secretary if he can cancel student loan debt
548
SHARES
1.6k
VIEWS
Share on FacebookShare on Twitter

President Biden has asked Education Secretary Miguel Cardona to review whether Biden has the legal authority to cancel student loan debt, White House chief of staff Ron Klain revealed.

The revelation came during an interview Klain gave Thursday to Politico, in which he said the commander-in-chief had not yet made a final call on the matter, something he faces enormous pressure from the progressive left to do.

“He asked his secretary of education — who’s just been on the job a few weeks — once he got on the job to have his department prepare a memo on the president’s legal authority, and hopefully we’ll see that in the next few weeks,” Klain told the outlet.

“He’ll look at that legal authority, he’ll look at the policy issues around that, and then he’ll make a decision. He hasn’t made a decision on that either way. In fact, he hasn’t yet gotten the memos that he needs to start to focus on that decision,” he continued.

When then-candidate Biden gained the Democratic nomination in March last year, the presidential hopeful did not believe a chief executive had the authority to cancel any federal debt without Congress.

Facing pressure from the progressive wing of the party as the general election race heated up, Biden eventually opted to support canceling $10,000 of student debt, a compromise compared to the $50,000 pushed by Senate Majority Leader Chuck Schumer (D-NY) and Sen. Elizabeth Warren (D-Mass.).

In February, the president asked the Justice Department to review his legal authority to cancel $10,000 in student loans. It is not clear what conclusion it returned to him with.

It is also not clear what Cardona has found in his Education Department-led review of presidential authority.

Asked during Tuesday’s press briefing about the difference between the Senate Democrats’ $50,000 proposal and Biden’s $10,000 cancellation effort, White House press secretary Jen Psaki explained that the president was certainly willing to support canceling $50,000 in debt — just not without Congress.

“The president continues to call on Congress to cancel $10,000 in debt for student loan borrowers. That’s something Congress could take an action on, and he’d be happy to sign,” Psaki said.

The press secretary went on to say that the administration was “still taking a closer look at” its “options on student loans.”

“This includes examining the authorities we have, the existing loan forgiveness programs that are clearly not working as well as they should. This includes borrower defense, total and permanent disability charges. There’s a lot of steps we’re looking at, and we’ll continue to review those and be in touch, of course, with Leader Schumer about our process,” she continued.

The post Biden asks education secretary if he can cancel student loan debt appeared first on New York Post.

Tags: Department Of EducationJoe BidenStudent Loans
Share219Tweet137Share

Trending Posts

Drug-runner’s cat caught trying to sneak narcotics into Panama prison

Drug-runner’s cat caught trying to sneak narcotics into Panama prison

April 18, 2021
The 15 Best Mystery Movies Streaming Right Now, According to Critics

The 15 Best Mystery Movies Streaming Right Now, According to Critics

April 18, 2021
What Snoop Dogg’s Success Says About the Book Industry

What Snoop Dogg’s Success Says About the Book Industry

April 18, 2021
She’s 18 and developed blood clots in her brain after a J&J vaccine. Here’s what happened.

She’s 18 and developed blood clots in her brain after a J&J vaccine. Here’s what happened.

April 18, 2021
As Fans Wait on the Yankees to Show Up, One Won’t Be Back

As Fans Wait on the Yankees to Show Up, One Won’t Be Back

April 18, 2021

Copyright © 2020.

Site Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2020.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT