Biden's student loan forgiveness plan: Everything we know so far
President Biden has floated the possibility of erasing some student loan debt for millions of Americans, reviving a campaign promise as he faces mounting pressure from progressives as well as declining approval ratings.
Biden floated the possibility last week of eliminating $10,000 in debt per borrower, likely through executive action. So far, the president has repeatedly extended a moratorium on federal student loan payments, a pause that was first put in place under former President Donald Trump as part of a broader COVID-19 relief measure.
"I am considering dealing with some debt reduction," Biden...