Biden mulling ways to support student loan borrowers when payments resume

Contributing sentiments towards policy:

58% : The Education Department has provided about $72 billion in relief on student loan interest alone, the lawmakers said.
58% : About 41 million Americans are benefitting from the federal government's pause of student loan payments, which has already been twice extended.
55% : Outstanding student loan debt has doubled over the past decade, nearing a staggering $1.7 trillion.
54% : The Biden Administration is mulling ways to ensure borrowers are supported when federal student loan repayments resume in September, as congressional Democrats push to extend the pause in payments and urge President Biden to unilaterally act to cancel up to $50,000 in debt per borrower.
53% : Congressional Democrats, though, have maintained that Biden could use existing executive authority under the Higher Education Act to order the Department of Education to "modify, compromise, waive or release" student loans.
49% : "The Department of Education is working in partnership with colleagues at the Department of Justice and the White House to review options with respect to debt cancellation, which is an ongoing process," an administration official told Fox News.
40% : CANCELING STUDENT LOAN DEBT WOULD BE INEFFECTIVE AT BOOSTING THE ECONOMY, STUDY SHOWS

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.