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President Joe Biden is reportedly dropping student loan forgiveness, a promise he made during his campaign for POTUS, from this upcoming budget. “Four months into his term, the pressure remains on Biden to follow through on a campaign promise to forgive $10,000 in federal student loans for every borrower,” Yahoo Finance reported this weekend. However, Biden’s $10,000 forgiveness promise seems to be “off the table” for this budget, the report added, noting of Biden’s recent interview with The New York Times. “The idea that you go to Penn and you’re paying a total of 70,000 bucks a year and the public should pay for that? I don’t agree,” Biden told to Times last week. The Washington Post on Friday, too, reported that “several ‘ambitious Biden campaign pledges’ will likely be left out of the annual White House budget — including student debt forgiveness,” CNBC noted. “President Biden is still waiting for the U.S. Department of Justice and the U.S. Department of Education to report on their review of his legal authority to forgive student loan debt through executive order,” said higher education expert Mark Kantrowitz, CNBC reported.

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