Rep. AOC warned that limits on student loan forgiveness 'could exclude many of the frontline workers who are drowning in debt.'
The New York Democrat warned that limits on student loan forgiveness"could exclude many of the frontline workers who are drowning in debt."Rep. Alexandria Ocasio-Cortez warned over the weekend that means tests and other limits on student debt cancellation that Biden administration officials arerisk denying relief to a significant number of vulnerable people, a potential moral and political disaster.
"Canceling $50,000 in debt is where you really make a dent in inequality and the racial wealth gap. $10,000 isn't." "I don't believe in a cutoff, especially for so many of the frontline workers who are drowning in debt and would likely be excluded from relief," Ocasio-Cortez told thedetailing internal White House discussions of income caps to restrict who is eligible for any federal student debt cancellation.
Ocasio-Cortez stressed that a uniform nationwide income cap would not account for higher costs of living in some areas of the United States.
the People's Policy Project, the least wealthy fifth of the U.S. population"owes over half of the student debt while every other fifth owes 7 to 14% of it."
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