President Rejects Plan To Wipe Out $50K In Student Debt

President Rejects Plan To Wipe Out $50K In Student Debt

Assessment

Interactive Video

Social Studies

University

Hard

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President Biden, during a CNN Town Hall, stated he cannot unilaterally cancel federal student loan debt but is open to forgiving $10,000 per borrower. The White House supports legislative action for broader forgiveness and is reviewing executive options. Meanwhile, Biden has paused federal loan payments and waived interest until September 30th.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What action did Biden order regarding federal student loan payments?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Until when did Biden pause all federal student loan payments?

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