Biden Drags His Feet on Student Loan Plan as Allies Urge Bold Action
- Harris, Klain, Ramamurti among advocates for debt relief
- Administration officials have kept legal analysis closely held
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President Joe Biden is agonizing over ordering a sweeping cancellation of student loan debt, despite pressure from Democrats -- including Vice President Kamala Harris -- eager for a political win before midterm elections, according to several people familiar with the matter.
While he said last month that he’s considering “some debt reduction,” Biden has not made up his mind about many details of the plan, including how much debt to forgive per borrower, the people said. And though White House officials have debated the contours of a forgiveness program internally for more than a year, there is no real consensus on the best path forward.