Aug. 25, 2022: Biden OKs sweeping student loan relief as midterms near
The Biden administration on Wednesday announced it was canceling up to $10,000 of student debt for millions of people and up to $20,000 of debt for low- and middle-income borrowers who previously received a Pell Grant. But Biden’s long-awaited plan to cancel some student debt, one of the most contentious issues dividing Democrats, has reignited the intra-party policy wars.
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Show Notes
The Biden administration on Wednesday announced it was canceling up to $10,000 of student debt for millions of people and up to $20,000 of debt for low- and middle-income borrowers who previously received a Pell Grant.
But Biden’s long-awaited plan to cancel some student debt, one of the most contentious issues dividing Democrats, has reignited the intra-party policy wars.
Politico's education reporter Michael Stratford explains how deliberations went down and how it will play in the midterms.
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