President Rejects Plan To Wipe Out $50K In Student Debt

President Rejects Plan To Wipe Out $50K In Student Debt

Newsy

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Watch VideoIf you were hoping to get $50,000 knocked off your student loan debt, not so fast.

President Biden rejected that plan from Democratic lawmakers. 

While speaking at that CNN Town Hall event, the president said he doesn't have the power to unilaterally cancel federal student loan debt. But he did say he's prepared...

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