Elizabeth Warren: Biden Has ‘Moral Obligation’ To Cancel Student Debt

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Sen. Elizabeth Warren (D-Mass.) ramped up pressure on President-elect Biden to cancel student loan debt to accelerate the recovery from the coronavirus pandemic and narrow the racial wealth gap.

In a Friday speech, Warren insisted that the incoming administration had a “moral obligation” to wipe out billions of dollars in student loans and the legal authority to do so as soon as Biden takes office Jan. 20.

“If we don’t take action, the pandemic, and the recession will make it even harder for borrowers who were already barely treading water. The way I see it, we have a responsibility and a moral obligation to act,” Warren said during a virtual summit convened by the Student Borrower Protection Center (SBPC), a nonprofit that advocates for student debtors.

“We owe it to our fellow Americans to address this crisis head on. We need to broadly cancel student loan debt and put those monthly payments back into our economy canceling student loan debt as soon as possible,” she said.

Read more at The Hill.

{Matzav.com}


7 COMMENTS

  1. Buy it not faced. The brown hit on the economy is a butter-fish for the elite. The milk and the savvy let them buy their best cross-ups soon. Little time in college says tuitions are expensive but the pay off is education. Do not frank it down.

    Moon and vacuum brain dust. That about makes the guys in the DNC wild. Milk for the crazy? Yes.

  2. hey geniuses
    are you comfortable with a country with no Jewish medical doctors, attorneys, judges, engineers, architects etc?
    All of the above (and the list is not exhaustive) are restricted-access professions that require students to get into significant debt.

    • Give yourself time. You turn me off. You should use neatly the punctuation. The Jewish doctors can wait for your brothers to bag you out.

      Have one thought, Jews have a first job to keep kosher and keep sabbath. Jewish professional? Avoid him if he does not do his job. He WILL harm you.

      Have it your way. There must be yeshiva and we will maintain sanctity of divinity. Lucky names fit.

      Mixed?

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