News Home » World » Sen. Schumer calls on Biden to cancel student debt

Around the World

Sen. Schumer calls on Biden to cancel student debt

Randy Mancini 22 November 13, 2021
WASHINGTON, DC - NOVEMBER 04: Senator Majority Leader Chuck Schumer (D-NY) speaks about supply chain issues during a press conference on November 4, 2021 at the U.S. Capitol in Washington, DC. Democrats discussed proposals to ease supply chain disruptions and lower prices as the economy recovers from Covid-19 related shutdowns. (Photo by Joshua Roberts/Getty Images)

WASHINGTON, D.C. – NOVEMBER 04: Senator Majority Leader Chuck Schumer (D-N.Y.) speaks about supply chain issues during a press conference on November 4, 2021 at the U.S. Capitol in Washington, D.C. (Photo by Joshua Roberts/Getty Images)

Sen. Chuck Schumer (D-N.Y.) has called on Joe Biden to cancel student debt.

The Senate Majority Leader has relentlessly taken the matter to Twitter, claiming that cancelling student debt would give the economy the immediate boost it needs. Schumer said student debt hasn’t become a ladder up, but an anchor weighing Americans down. He added it makes it harder to start a family and buy a home.

Not thinking today would be a great day for President Biden and Vice President Harris to #CancelStudentDebt. 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩

— Chuck Schumer (@SenSchumer) November 12, 2021

In February, Biden rejected Democrats’ calls to cancel $50,000 of debt, instead entertaining a $10,000 figure. However, he has since done nothing to make that happen.

White House Press Secretary Jen Psaki later clarified Biden’s remarks, stating “he was reiterating his previous stated position, which is that he doesn’t favor $50,000 in student loan relief without limitations.”

Meanwhile, the pause on federal student loans due to the pandemic is set to end January of 2022.

MORE NEWS: Thousands Protest Against COVID-19 Bill In Melbourne, Australia