As the Biden administration debates how much student loan debt to cancel through executive action, Senate Majority Leader Chuck Schumer (D-N.Y.) wants President Joe Biden to see the plight of one particular group as a reason to go big: veterans. Student debt is crushing veterans. About 200,000 service members owe almost $3 billion in student loans, and less than 10% have begun the process of loan forgiveness, an advocacy group called the Student Loan Borrower Protection Center found last year. Lev Radin/Pacific Press/LightRocket via Getty Images Senate Majority Leader Chuck Schumer (D-N.Y.) speaks at a news conference at Hunter College in New York City on federal proposals to cancel student debt. BRENDAN SMIALOWSKI via Getty Images President Joe Biden has expressed skepticism about the legal grounds to cancel $50,000 per person in college debt.

Source: Huffington Post May 07, 2021 09:45 UTC