However, others, like new Senate Majority Leader Chuck Schumer, a Democrat from New York, and Elizabeth Warren, a Democratic senator from Massachusetts, have called on Biden to go further by canceling $50,000 from all student loan borrowers’ debt and bypassing Congress by acting through an executive order.
“This is a critical first step to help millions of struggling Americans,” Mike Calhoun, president of the Center for Responsible Lending, said in a statement, but he added, “we hope that the administration will consider across-the-board cancellation, which can provide families a path to equity and financial advancement.”
Aaron Ament, who served as chief of staff of the Education Department’s general counsel’s office in the Obama administration and now heads the advocacy group Student Defense, also called on Biden and his nominee for education secretary, Miguel Cardona, to go further.
Student Defense has called on Biden to take other moves through executive action, including canceling student loans for disabled borrowers and those who had been defrauded by for-profit colleges.
Noticia en Inside Higher Education