How does the Waiving off Loan by the Biden Administration affect the Master’s Student? 1
After his campaign for president, Biden has made canceling student loans a primary priority due to the Covid-19 pandemic. Biden tied student loan cancellation to Covid-19 during his campaign, saying he wished to support student loan borrowers who had been financially affected by the pandemic. Biden has consistently supported the cancellation of $10,000 in student loans for students affected by the Covid-19 pandemic. Since taking office, progressives in Congress have worked hard to reframe the debate around student loan forgiveness as part of a broader social agenda centered on promoting justice, eliminating inequalities, delivering stimulus, and improving consumer security.
