{"id":1437188,"date":"2022-04-14T08:46:08","date_gmt":"2022-04-14T12:46:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1437188"},"modified":"2022-04-14T08:46:15","modified_gmt":"2022-04-14T12:46:15","slug":"chuck-schumer-says-white-house-closer-than-ever-to-ending-student-debt","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chuck-schumer-says-white-house-closer-than-ever-to-ending-student-debt\/","title":{"rendered":"Chuck Schumer Says White House Closer \u2018Than Ever\u2019 To Ending Student Debt"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchuck-schumer-says-white-house-closer-than-ever-to-ending-student-debt%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1437188&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/04\/schumer-student-debt-640x335-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p class=\"subheading\">Senate Majority Leader Charles Schumer (D-N.Y.) on Wednesday used an online forum to enthuse over Democrat plans to forgive federal student loans. He assured left-wing activists President Joe Biden is closer \u201cthan ever before\u201d to making the unilateral move that will leave taxpayers encumbered with more than $1.37 trillion in outstanding debt.<\/p>\n<p>Schumer previously nominated $50,000 as the amount every individual student could expect to have relieved. The Hill <a href=\"https:\/\/news.yahoo.com\/schumer-student-loan-repayment-pause-224925647.html\">reports<\/a>\u00a0that\u2019s where the president and his administration will ultimately land.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>He told the State of Student Debt Summit in a virtual event Biden seeks to deliver debt forgiveness that Democrat supporters say will \u201censure\u201d an \u201cequitable\u201d economic recovery from the effects of the shutdowns amid the coronavirus pandemic:<\/p>\n<blockquote>\n<p>I have talked personally to the president on this issue a whole bunch of times. I have told him that this is more important than just about anything else that he can do on his own.<\/p>\n<p>We\u2019re making progress folks. We are making progress. The White House seems more open to it than ever before.<\/p>\n<\/blockquote>\n<p>As Breitbart News <a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&#038;cx=partner-pub-9229289037503472:6795176714&#038;q=https:\/\/www.breitbart.com\/politics\/2022\/04\/05\/report-joe-biden-extend-student-loan-repayment-pause\/&#038;sa=U&#038;ved=2ahUKEwib_aehnpP3AhWHSvEDHY01BucQFnoECAUQAg&#038;usg=AOvVaw0FlPHtDFmVyGnPLasV34Ci\">reported<\/a>, last week the Department of Education announced it would extend the current pause on federal student loan repayment, interest and collections through August.<\/p>\n<p>Schumer says that doesn\u2019t go far enough and Biden is getting closer to agreeing with him that the next step must be taken sooner rather than later.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>\u201cDon\u2019t get me wrong, the pause is a good thing, but it ain\u2019t enough. It ain\u2019t close to enough,\u201d he said, according to the Hill.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Should you be forced to pay off other people&#8217;s student loan debt? <a href=\"https:\/\/t.co\/XAMqFWQwOW\">https:\/\/t.co\/XAMqFWQwOW<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1372301075957579776?ref_src=twsrc%5Etfw\">March 17, 2021<\/a><\/p>\n<\/blockquote>\n<p>He argued families will face an average monthly student debt payment of $393 when the pause is lifted.<\/p>\n<p>\u201cThat is so much money. How does anybody live knowing every month I got to pay this $400?\u201d he said. \u201cSo the pause has stopped that, but make no mistake about it. This pause isn\u2019t going to stay forever and the canceling of student debt is the way to go.\u201d<\/p>\n<p>Democrats have long pushed for an end to student debt in the name of post-coronavirus recovery even before Biden took office.<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>During an interview with MSNBC in 2020, Rep. Ayanna Pressley (D-MA) pushed for the cancelation of student debt as a gift from the incoming administration that will be funded by taxpayers:<\/p>\n<p>The collective debt of the 36 million debtors totals more than $1.37 trillion, Education Department data show.<\/p>\n<p>Roughly one-third of borrowers are in default or delinquency. The average monthly payment is $400.<\/p>\n<p>Democratic lawmakers have previously <a href=\"https:\/\/news.yahoo.com\/schumer-student-loan-repayment-pause-224925647.html\">argued<\/a> debt cancelation is \u201cone of the most powerful ways to address racial and economic equity issues.\u201d<\/p>\n<h5><em><span>Follow Simon Kent on Twitter:<\/span> <a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/SunSimonKent\" data-show-count=\"false\">Follow @SunSimonKent<\/a> <span>or e-mail to: skent@breitbart.com<\/span><br \/><\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Senate Majority Leader Charles Schumer (D-N.Y.) on Wednesday used an online forum to enthuse over Democrat plans to forgive federal student loans. He assured left-wing activists President Joe Biden is<\/p>\n","protected":false},"author":82,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1437188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1437188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/82"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1437188"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1437188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1437188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1437188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1437188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}