R.I.P. Scout26
According to the Washington Post, President Joe Biden will not include any student loan cancellation in his annual budget. While the annual budget, which is expected at the end of next week, only contains major policy plans that have already been released by the Biden administration, it’s another major setback for student loan cancellation. As a presidential candidate, Biden called for Congress to cancel up to $10,000 of student loans for student loan borrowers, but hasn’t enacted any policy for student loan cancellation through an executive order.