Pres. Biden Taking 'Hard Look' At Loan Forgiveness, But Not $50K

The transcript discusses the topic of student loan debt forgiveness. It begins with an overview of the current state of student loan debt cancellation and the consideration of expanding forgiveness. The speaker mentions that while a $50,000 forgiveness per borrower is unlikely, there is an ongoing evaluation of potential debt reduction. The transcript also highlights a campaign promise made in 2020 to forgive up to $10,000 of debt per borrower and the subsequent political pressure to fulfill this promise.

What is the amount of student loan debt that the president is considering for forgiveness?

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What is the president's stance on the $50,000 debt reduction?

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What does the president mean by 'taking a hard look' at debt forgiveness?

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What campaign promise did the president make in 2020 regarding student loan debt?

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What pressure is the president facing from Democrats regarding student loan debt?

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