Earlier this week, President Biden revealed that the Obama administration is considering a broad-based cancellation of student loans within the next few weeks, and one Democrat who has been advocating for cancelling student debt says that this represents a significant advancement. 

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President Biden changing his mind on student loan forgiveness is a great victory for Rep. Pressley

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President Biden changing his mind on student loan “All we know is that the President has communicated a receptiveness to drop some obligation… that in its all by itself, is a huge triumph,” Congresswoman Ayanna Pressley (D-MA) told Yahoo Finance in a selective meeting (video above), later adding: “Any help that we can give individuals amidst phenomenal financial difficulty as we round the corner and head into a recuperation from this pandemic actuated downturn would have an effect.”

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