Biden informs Congressional Hispanic Caucus he’s thinking about flexible particular government student loan personal debt

Biden informs Congressional Hispanic Caucus he’s thinking about flexible particular government student loan personal debt

President Biden is looking from the different options so you’re able to forgive an unspecified however, considerable amount away from federal education loan debt – a shift who would thrill several of his very faithful followers and you may financially secured children all over the country, it is a departure off venture pledges to provide restricted relief.

The latest president common their preparations during the a great 90-time Light Family appointment Tuesday which have people in the new Congressional Latina Caucus, people on the replace tell CBS Reports. The move make a difference over 43 million consumers just who keep more than $step one.6 trillion inside government education loan obligations, next-prominent debt kept by People in the us, trailing mortgages. Read more