Warren Says That Canceling $50,000 In Student Loans Is A ‘Racial Justice Issue’

Sen. Elizabeth Warren (D-MA) pressed President Biden to unilaterally cancel $50,000 in student loans for each borrower in the interest of racial justice.

Over the past week, top Democratic lawmakers have sparred over whether President Biden has the authority to forgive student debt. Joining Warren in a press conference on Tuesday, Senate Majority Leader Chuck Schumer (D-NY) said that “all President Biden has to do is flick his pen” to be “helpful to these folks who are borrowers, to get the economy going, and to deal with the racial inequality which student debt has exacerbated.”