Critics charge that Biden hasn't done enough to address the $1.7 trillion student debt load, while more conservative voices point to the need for financial accountability for taxpayers who would be on the hook for any"canceling" of the debt.
Biden played a role in making student debt so difficult to escape, even through bankruptcy, by backing a 2005 Senate bill that Hauser calls a"pro-creditor approach to bankruptcy." More focus should instead be spent on lowering college costs, he added, which will address the roots of the issue as a long-term solution.
White House press secretary Jen Psaki was asked last week why Biden has not pushed harder to have taxpayers absorb student loans.