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FBaggins

(26,727 posts)
5. How about something more recent than a couple months ago?
Tue Apr 6, 2021, 09:56 PM
Apr 2021

That article was based on an answer in a town-hall-type setting that was less than clear. There have been a number of changes to the discussed options since then.

It's obvious that he's saying that he isn't interested in forgiving large amounts of debt for those who went to elite colleges and have both families with significant incomes and likely have significant future earning power themselves.

It is less obvious that he's talking about the many millions of students who attend other private universities. It's more likely that he misspoke and intended to draw a distinction between those federal loans that he has some ability to adjust - vs. the private loans that he can't possibly do anything about. The loans that make up very large portions of most private school college debt.

Latest Discussions»General Discussion»Biden doesn't want to giv...»Reply #5