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White House investigating Biden's authority to cancel student debt


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white-house-investigating-bidens-authority-to-cancel-student-debt-but-biden-resists-calls-to-cancel-50000
Fox News

President Joe Biden's Education Secretary is reportedly investigating the administration's legal authority to cancel some of the $1.7 trillion student loan debt, but the White House says the President still does not support debt relief above $10,000 for all borrowers.

"The President does not favor $50,000 in student loan relief without limitation," a White House spokesperson told Fox News Thursday. 

Any debt relief above $10,000 would have to be targeted, "based on the borrower’s income, based on the kind of debt in question," the White House said. :snip:

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