Last week, the Washington Post reported that President Biden recently pressed Jeff Zients, his chief of staff, on the issue of student debt cancellation, telling him to make sure his team was making the relief as expansive as possible.
Thats good news for tens of millions of borrowers. But expansive relief will not be delivered if the administration fails to learn the lessons from round one of the cancellation battle: speed and conviction matter.
When the supreme court struck down President Bidens attempt to cancel student debt last summer, his administration got to work to make plans for future cancellation. Today, the window for cancellation is open once again. Bidens Plan B has a fighting chance but only if the president moves fast.
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Read the full article at: https://www.theguardian.com/commentisfree/2024/mar/05/the-biden-administration-has-a-chance-to-deliver-student-debt-relief-it-must-act