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Education Secretary Cardona: ‘We’re going to continue conversations around loan forgiveness’

Wednesday, October 13, 2021
Abigail Johnson Hess | CNBC

“President Biden absolutely has the authority to cancel student debt,” said Ashley Harrington, federal advocacy director and senior counsel at the Center for Responsible Lending. “This is the same authority that was used by the Trump administration last year to waive interest and pause payments or for federal borrowers who had federally held loans. That same authority was used later that year to extend that pause.”