President Joe Biden got immediate pushback on Tuesday from progressives in his own party after he rejected a Democratic plan pushed by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.) to abolish student loan debt by up to $50,000 per borrower.
“I will not make that happen,” he said of the $50,000 relief bill. Instead, he told a CNN town hall audience he believes loan forgiveness “depends on whether or not you go to a private university or public university. It depends on the idea that I say to a community: ‘I’m going to forgive the debt of billions of dollars of debt for people who have gone to Harvard and Yale and Penn.’”
