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GOP senator urges Biden to renominate Jerome Powell thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.
The city council of Cambridge, Mass., called on President Biden A resolution passed Tuesday by the council urges Biden to cancel nearly $2 trillion dollars worth of student loan debt, which it noted was disproportionately held by students who are Black, Latino, indigenous or members of other underprivileged groups. Such a move, the resolution declared, would be only one step toward the establishment of an equitable, accessible higher education system in America. ADVERTISEMENT Cancelling student loan debt and eliminating debt in higher education represents an enormous economic opportunity to increase spending in local communities including Cambridge, support individuals’ upward mobility, and provide a deeply needed stimulus during the pandemic, the resolution continued. ....