President-elect Joe Biden recently said that he is “unlikely” to cancel student loans through executive order.
Speaking to a group of columnists last week, Biden reportedly said “it’s arguable that the president may have the executive power to forgive up to $50,000 in student debt.”
“Well, I think that’s pretty questionable. I’m unsure of that. I’d be unlikely to do that,” Biden said.
Karen Tumulty, a columnist for The Washington Post, wrote on Biden’s comments for a recent op-ed.
“Biden has said he would forgive $10,000 in student debt for all borrowers, and the rest of the debt for those who attended public colleges or historically Black colleges and universities and earn less than $125,000 a year,” CNBC reported in November.
Unlike Trump, politicians regard campaign promises as being what Christina Rossetti called "pie crust promises": easily made, easily broken.
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