The student-loan forgiveness was announced by Biden.
The senator called the relief excessive.
Manchin suggested that relief should be further targeted.
The student-loan forgiveness announcement was made by President Joe Biden.
At the end of August, Biden announced up to $20,000 in federal debt cancellation for people who make less than $125,000 a year, and up to $10,000 in relief for people who make more. Many Democratic lawmakers applauded the move, but Manchin called it excessive.
He told reporters that he thought there was a better way to do it. You have to work for it.
Manchin played a crucial role in the party's climate, healthcare, and tax agendas. The Inflation Reduction Act, the centerpiece of Democrats' economic plans, was supported by him last month.
He had no say in the student loan relief program.
Manchin is not the only one with a different view. Michael Bennet, who is up for reelection in November, said in a statement that he wished Biden had targeted the relief and proposed a way to pay for it.
One-time debt cancellation does not solve the underlying problem.
While many Republican lawmakers continue to slam the relief, the leading voices on loan forgiveness, like Schumer, have vowed to continue pushing for $50,000 in relief, even after Biden's administration has said on multiple occasions this is one-time.
Schumer praised Biden for taking action on student debt relief and criticized Republicans for what he said was fake outrage.
He said that the president's decision would make it easier for millions of Americans to pursue their own American Dream. Making a down payment on a house, buying a new car or opening a business are all things that can be done.
Business Insider has an article on it.
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