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Bloomberg: Black Caucus Ups Pressure on Biden to Cancel Student Debt

Bloomberg, May 20, 2022, Black Caucus Ups Pressure on Biden to Cancel Student Debt

“This is a crisis created through policy decisions, and we have a responsibility to address it head-on,” Black Caucus Chair Joyce Beatty said in a statement Friday. “Canceling student loan debt is one of the most impactful ways to address ongoing economic and racial inequities plaguing our nation.”

The caucus is the latest group of Democratic lawmakers seeking to put pressure on the president to use his executive authority to forgive at least some student loan debt ahead of the midterm elections.

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