{"id":204112,"date":"2021-03-09T12:15:28","date_gmt":"2021-03-09T17:15:28","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=204112"},"modified":"2021-03-09T12:15:30","modified_gmt":"2021-03-09T17:15:30","slug":"sen-schumer-pushes-for-student-loan-forgiveness","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-schumer-pushes-for-student-loan-forgiveness\/","title":{"rendered":"Sen. Schumer pushes for student loan forgiveness"},"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\">14<\/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%2Fsen-schumer-pushes-for-student-loan-forgiveness%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=204112&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 id=\"attachment_2383869\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2383869\" class=\"wp-caption-text\">Senate Majority Leader Chuck Schumer, D-N.Y., praises his Democratic Caucus at a news conference just after the Senate narrowly approved a $1.9 trillion COVID-19 relief bill, at the Capitol in Washington, Saturday, March 6, 2021. (AP Photo\/J. Scott Applewhite)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 9:01 AM PT \u2013 Tuesday, March 9, 2021<\/h5>\n<p>Senate Majority Leader Chuck Schumer (D-N.Y.) has called for a taxpayer-funded bailout for all student debts up to $50,000 . In a tweet Monday, the New York Democrat pushed Joe Biden to issue an executive order to cancel student debt.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">More than 43 million Americans are crushed under more than $1.5 trillion in federal student loan debt.<\/p>\n<p>A crisis of this magnitude requires bold action.<\/p>\n<p>President Joe Biden can <a href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebt?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelStudentDebt<\/a> through executive action <a href=\"https:\/\/t.co\/WR2gNo37Cd\">https:\/\/t.co\/WR2gNo37Cd<\/a><\/p>\n<p>\u2014 Chuck Schumer (@SenSchumer) <a href=\"https:\/\/twitter.com\/SenSchumer\/status\/1369135284517019649?ref_src=twsrc%5Etfw\">March 9, 2021<\/a><\/p>\n<\/blockquote>\n<p>Schumer implied millions of Americans who chose to rack up $1.5 trillion in federal student loans should not have to completely repay their debts. However, many Republicans believe they should be held accountable for the sake of contractual agreements.<\/p>\n<p>\u201cForgiving $50,000 in student loans would also set a terrible precedent on the sanctity of contracts,\u201d stated Sen. John Thune (R-S.D.). \u201cWhile it may sometimes be ill-advised, students freely enter into the agreements that they make when they take out a loan. Should we really be teaching that agreements and contracts mean nothing?\u201d<\/p>\n<p>The Republican senator added, loan forgiveness implies the debts would disappear when in reality it would be paid by taxpayers.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/state-dept-says-u-s-fully-supports-people-of-venezuela-calls-for-maduro-to-step-down\/\">State Dept. says U.S. fully supports people of Venezuela, calls for Maduro to step down<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Senate Majority Leader Chuck Schumer, D-N.Y., praises his Democratic Caucus at a news conference just after the Senate narrowly approved a $1.9 trillion COVID-19 relief bill, at the Capitol in &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2275599,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-204112","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\/204112","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=204112"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/204112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2275599"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=204112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=204112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=204112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}