Biden to forgive $10,000 in student loans and extend payment pause through Dec. 31

Contributing sentiments towards policy:

74% : Sen. Elizabeth Warren, one of the most vocal advocates for student loan cancellation in recent years, also celebrated the move.
57% : President Joe Biden just announced that millions of student loan borrowers will have $10,000 to $20,000 of their federal loans forgiven.
55% : For many borrowers, today's announcement is long-awaited; Biden first proposed forgiving $10,000 worth of student loan debt when he was campaigning for the presidency.
54% : Sen. Bob Menendez commended Biden's decision to forgive student debt and extend the payment pause.
51% : Because of the potential legal challenges of today's announcements, the administration has released a memorandum on its authority to discharge student debt.
47% : Current or former Pell Grant recipients are eligible for up to $20,000 in federal debt cancellation if they meet those income requirements.
43% : "Millions of Americans will not face a surprise tax bill next year because of the President's historic decision to cancel student debt," Menendez said.
38% : "By canceling student debt, President Biden is helping working people who are struggling with rising costs," she said in a tweet.

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