‘This Is Wrong’: Progressives Condemn Joe Biden’s Refusal to Cancel $50K in Student Debt

‘This Is Wrong’: Progressives Condemn Joe Biden’s Refusal to Cancel $50K in Student Debt

Progressives denounced President Joe Biden's refusal to support an effort to cancel $50,000 in student loan debts for individuals on Wednesday.Biden said that he "will not make that happen" when confronted with a demand to back the effort during Tuesday's CNN town hall event, reasoning that he is in favor of some forgiveness for those who went to public schools but does not support eliminating debt for "people who have gone to Harvard and Yale."The president reiterated his plan to cancel $10,000 in student loan debt per individual instead. Many left-leaning lawmakers and others have blasted the amount as insufficient to relieve financial stress for those with student loans, especially amid the COVID-19 pandemic."Who cares what school someone went to?" Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted on Wednesday. "Entire generations of working class kids were encouraged to go into more debt under the guise of elitism. This is wrong... The case against student loan forgiveness is looking shakier by the day.""Very wealthy people already have a student loan forgiveness program. It's called their parents," Ocasio-Cortez later tweeted while noting that the average student loan debt is close to $30,000 per person. "The idea that millionaires and billionaires are willingly letting their