2020-11-20 13:03:54
The incoming Biden administration is facing increasing pressure to cancel federal student loan debt, something Joe Biden is reportedly considering through executive action, which would not require Congress to pass legislation.
Astra Taylor, a member of the Debt Collective, says canceling student debt would be a boon to debtors and the wider economy, and could be part of a larger wave of progressive action from the Biden administration.
"There was a sense right after the election … that because Democrats didn't take the Senate that it would be impossible for a Biden administration to govern," says Taylor.
"There are things that Biden can do if he's willing to play hardball, if he's willing to actually understand that's what Republicans do, and the Democrats can do the same."
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