Several left-wing Democrats are urging President Joe Biden to expand his newest $5 billion student debt cancellation plan to include more borrowers.
The Biden administration’s Department of Education (ED) released a new plan Dec. 5 to forgive student loan debt through the Public Service Loan Forgiveness program that will give credit to payers who hadn’t received credit for their payments and have been in repayment for at least 20 years.
Democrat Sens. Bernie Sanders, Elizabeth Warren and Reps. Ilhan Omar wrote that the latest rule proposal for student debt “would fall far short of providing the full scale of debt relief that low- and middle-income Americans urgently need,” according to the letter.