White House Reportedly Weighing Canceling At Least $10,000 Of Student Loan Debt For Some Individuals

According to a report on Friday, the Biden Administration is considering forgiving at least $10,000 of student loan debt for some individuals, a day after President Joe Biden signaled he plans to take some kind of action soon on the issue.

The White House is considering issuing an executive order that would target lower and middle-income people in order to relieve the debt, according to a report.

PLAY Forbes Business Full Screen About Connatix Read More Read More Read More Read More Read More Read More 1/1 Skip Ad Continue watching after the ad Visit Advertiser websiteGO TO PAGE

The report comes a day after Biden said he was not looking to cancel $50,000 in debt per borrower as some top congressional Democrats had pushed for, but that he would have an answer on the matter next.

This is not a finished story.