He said $ten,100000 within the education loan obligations are going to be terminated instantaneously

He said $ten,100000 within the education loan obligations are going to be terminated instantaneously

AMY GOODMAN : Braxton, I wanted to ask you about a speech that Joe Biden gave on the economy when he was president-elect. It was in .

The brand new regulations approved by the Democratic Domestic calls for quick $ten,100000 forgiveness from student loans

President – Decide JOE BIDEN : It’s holding people up. They’re in real trouble. They’re having to make choices between paying their student loan and paying their rent, those kinds of decisions. It should be done immediately.

BRAXTON BREWINGTON : He has failed to keep that promise. Not only did he promise $10,000 title loans in Tennessee immediately for every single borrower, he said if you went to a public college or any HBCU or minority-serving institution and make under $125,000 a year, that he’d wipe all of that student debt out, as well. So, now we are more than a year into the Biden administration, where he said he would wipe out student debt unilaterally, immediately, and that $10,000 was a minimum – actually, it wasn’t a cap, it was a minimum – and not only has he failed to keep this promise, he has actually become more predatory on student loan borrowers, right?