White House Moves Closer to , Canceling Student Debt, Schumer Says.<br />'The Hill' reports Senate Majority Leader <br />Chuck Schumer says White House officials are closer <br />to canceling student loan debt "than ever before.".<br />Schumer has been a vocal advocate for <br />canceling up to $50,000 of debt for each borrower.<br />Schumer has been a vocal advocate for <br />canceling up to $50,000 of debt for each borrower.<br />He reportedly believes President Biden and his administration will ultimately land on absolving borrowers of at least $50,000 of student loan debt.<br />I have talked personally to <br />the president on this issue <br />a whole bunch of times. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'.<br />I have told him that this is more important than just about anything else that he can do on his own. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'.<br />We’re making progress folks. We are making progress. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'.<br />The White House seems more open to it than ever before. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'.<br />Last week, the Department of Education <br />announced the extension of the pause on <br />federal student loan repayments, though <br />critics say such measures are not enough.<br />Don’t get me wrong, the pause <br />is a good thing, but it ain’t enough. It ain’t close to enough. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'.<br />Schumer says it is more important than ever to forgive student loan debt in the United States, suggesting that he would support canceling more than $50,000 per borrower.<br />We want our young people <br />to realize that they can <br />have a good future. , Senate Majority Leader Chuck Schumer at <br />the State of Student Debt Summit, via 'The Hill'
