The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
August 24, 2022

Reports: Biden to Announce Move to Cancel Some Student Debt
-----------------------------------------------------------

The Biden administration is expected to make an announcement today on
student debt cancellation. According to multiple news accounts, the
administration will cancel $10,000 of federal student loans for
borrowers making $125,000 or less. The plan has been widely panned by
groups pushing for broader student debt relief. Derrick Johnson, the
head of the NAACP, tweeted on Tuesday, "President Biden's decision on
student debt cannot become the latest example of a policy that has left
Black people - especially Black women - behind."


.