President Biden made a promise during his campaign to forgive student loan debt. Months before the midterm elections, he made the call, but how much will it benefit him and Democrats politically?
Congress hit pause on federal student loan payments in the CARES Act. The latest extension of this relief will last until after President-elect Joe Biden takes office.
The president-elect called for immediate action to help borrowers who are "having to make choices between paying their student loan and paying the rent."
