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Biden Plan to Forgive Student Debt Hinges on Democratic Control of Senate

Biden Plan to Forgive Student Debt Hinges on Democratic Control of Senate

President-elect Joe Biden’s ability to deliver on his plan to forgive hundreds of billions of dollars in student debt faces steep odds unless Democrat

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President-elect Joe Biden’s ability to deliver on his plan to forgive hundreds of billions of dollars in student debt faces steep odds unless Democrats take control of the Senate.

Barring that outcome—which hinges on two Georgia races in January—Democrats have urged a second option: bypassing Congress through executive action. It isn’t clear whether such a move would survive a legal challenge.

During…

This post first appeared on wsj.com

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