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Biden s stimulus plan doesn t mention student loan forgiveness.
Stimulus student loan forgiveness call. Alex wong getty images senior officials of the incoming biden administration say the president elect still supports forgiving 10 000 in student debt per borrower although there s no. Joe biden plans to continue the pause on federal student loan payments and accumulating interest but ask congress to pass student loan forgiveness. House democrats had previously passed stimulus legislation in may providing for 10 000 in student loan forgiveness for economically distressed borrowers.
Biden will extend the payment pause for student loan borrowers and ask congress to cancel 10 000 of the debt per borrower an aide told reporters friday. Student loan forgiveness is also in question. Senior officials of the incoming biden administration say.
Congress dropped student loan forgiveness from the stimulus package.
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