Biden Drags His Feet on Student Loan Plan

“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,” Bloomberg reports.

“The White House’s hesitance on the issue represents the latest fracture within the Democratic party, which Biden has failed to unite around his ambitious economic agenda. But this time it’s the Democratic rank-and-file who haven’t yet persuaded the president to use his power for broad loan relief.”