Sen. Menendez: Biden Doesn’t Even Need Congress, He Could Forgive Student Debt Today

EXCERPT:

MENENDEZ: "We successfully incorporated my legislation with Senator Elizabeth Warren, the Student Loan Tax Relief Act, that Senator Booker joined us in, into the American Rescue Plan. As a result borrowers who qualify for debt forgiveness are now protected from huge surprise tax bills. But these are small victories in a much bigger fight. The president must take bold, transformative action. That's why Senator Booker and I are calling on President Biden to forgive up to $50,000 in federal student loan debt. And you know what? He doesn’t even need Congress to act. The Higher Education Act of 1965 already gives him the authority to cancel student debt. President Biden could forgive student debt today.”