Biden reportedly eyeing $10K in federal student loan forgiveness before elections

The Biden administration is reportedly weighing wiping out $10,000 or more in debt for student borrowers.

Liberal activist groups and congressional Democrats have been clamoring for President Joe Biden to cancel a significant portion of federally held student loans since he took office in January 2021, and the White House is now working on plans for student loan forgiveness starting at $10,000 per borrower, according to Bloomberg.