NAACP slams Biden over reported student loan debt cancel plan
Fox News
The NAACP, which is pushing Biden to cancel $50,000 in student loan debt for every borrower, criticized reports that the administration may forgive just $10,000.
Paul Best is a reporter for Fox News Digital. Story tips can be sent to Paul.best@fox.com and on Twitter: @KincaidBest.
The Biden administration has been discussing several different plans, including eliminating $10,000 per borrower making less than $125,000 a year, the Wall Street Journal reported Tuesday. Such a plan could cost American taxpayers hundreds of billions of dollars on top of the trillions the Biden administration has already spent. An announcement could come as soon as Wednesday.
The president campaigned on canceling $10,000 in student debt, but the progressive flank of the Democratic Party has been calling for Biden to wipe out at least $50,000 for all borrowers.
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