Friday 27 May 2022 07:01 PM White House insists there is no decisionon student loans trends now
The White House is closing in on a decision regarding student debt forgiveness, a cause being pushed by progressives, with President Joe Biden leaning toward canceling $10,000 per borrower.
The administration cautions no final decision has been made, but multiple reports out on Friday indicated Biden considered using a scheduled commencement speech this weekend to make the announcement.
'No decisions have been made yet — but as a reminder no one has been required to pay a single dime of student loans since the President took office,' assistant press secretary Vedant Patel told DailyMail.com.
Biden spoke at the Naval Academy on Friday but made no mention of student loans. He will speak at the University of Delaware, his alma mater, on Saturday.
The Washington Post reported the timing was changed in the wake of a school shooting in Uvalde, Texas, that left 19 children dead.
The White House is closing in on a decision regarding student debt forgiveness with President Joe Biden leaning toward canceling $10,000 per borrower
Federal loan payments currently on hold due to covid pandemic
Graduates cheer during a graduation ceremony for New York University at Yankee Stadium
The loan forgiveness plan would apply to those who earned less than $150,000 in the previous year, or less than $300,000 for married couples filing jointly, the Post reported.
The executive
