State attorneys general call for President Biden to forgive $50,000 in student loan debt

If Congress passes $50,000 forgiveness, he will sign it. Either one 10 0r 50 thousand forgiveness will be a boost to economy, as people will be able to refi the loan remaining and have more money to spend right now on consumer items.

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A multi-state group of attorneys general on Friday sent a letter to Congress urging President Joe Biden to cancel up to $50,000 in federal student loan debt.