Joe Biden breaks 'ambitious' campaign promise to address student loans, proposal missing from budget
President Joe Biden is breaking one of his central campaign promises, surely upsetting progressives who wanted Biden to unilaterally cancel the massive bill of student loan debt that Americans have accumulated.
As of June 2020, outstanding federal student loan debt was $1.57 trillion, which included nearly 43 million borrowers.
Biden's campaign website stated ambitious promises to "more than halve payments on undergraduate federal student loans," "make loan forgiveness work for public servants," and even to "make public colleges and universities tuition-free for all families with incomes below $125,000."
Biden reaffirmed his promise...