Page URL

In town halls and in tweets, across state lines and in televised events, President Joe Biden had a consistent message for student loan borrowers while he was campaigning: He was going to help lift the burden of student loans. In fact, offering some student loan forgiveness was a cornerstone of his campaign.

Yet the details around what precisely Biden promised on loan forgiveness are often misunderstood, with borrowers frequently taking to social media to complain that their debts haven’t yet been wiped out.

And now that we’re a year into his presidency, debt forgiveness has been absent from both the pandemic relief bill passed in and more recent legislative plans backed by the administration. Many are wondering whether borrowers will see widespread loan cancellation under the current administration at all.

Here’s a look at what Biden actually said he wanted to do, and what he has accomplished so far when it comes to providing student loan relief.

What Biden promised to do around student loan forgiveness

Progressive Democrats (including Sen. Continue reading “Why Hasn’t Joe Biden Forgiven All Your Student Loan Debt? Short Answer: He Never Promised To”