White House under new pressure over Biden’s latest round of student loan debt forgiveness

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The White House faced heavy criticism Wednesday after President Joe Biden announced a new round of student loan debt forgiveness worth nearly $8 billion.

This latest tranche of debt forgiveness, affecting more than 160,000 borrowers, brings the total number of borrowers who have seen their debt forgiven by the president to 4.75 million.

“What is shameful is that Republicans continue to get in the way of helping us deliver a little bit of breathing room for Americans who deserve that opportunity,” she told reporters. “This is a president who has been very clear about making sure that he’s building an economy that leaves no one behind.”

“I hear your question, but this is — if you look at what the president has done more holistically over the past 3 1/2 years, he has tried to build an economy for everyone. This is one part of this economic policy,” she countered.

 

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