Philly city council calls on Biden to ‘cancel all student loan debt’ in first 100 days
Philadelphia’s city council has called on President Biden to come up with a plan to cancel all student debt in the U.S. within his first 100 days in office.
The legislation introduced by Councilwoman Kendra Brooks, an at-large member and the only person in the Working Families Party on the city council, passed Thursday according to an employee working with the City Clerk’s office.
In the resolution, lawmakers call on Biden to “enact a plan by the end of President Biden’s first 100 days in office to cancel all student loan debt and begin the transition to education as a public good.”
Information on how the individual council members voted was not immediately available.
“Cancelling student loan debt and eliminating debt in higher education represents an enormous economic opportunity for Philadelphia to increase spending in our local community, support individuals’ upward mobility, and provide a deeply needed stimulus during the pandemic,” the resolution continued.
The Hill has reached out to the White House for comment.
Democrats in Congress including Senate Majority Leader Charles Schumer (N.Y.) and Sen. Elizabeth Warren (Mass.) reintroduced a measure in mid-February calling on Biden to dismiss $50,000 in student debt.
Biden at the time balked, claiming that he did not believe he had the authority to do so, while countering that he would cancel up to $10,000 of student debt if Congress passed a bill doing so.
“I do think in this moment of economic pain and strain that we should be eliminating interest on the debts that are accumulated, No. 1. And No. 2, I’m prepared to write off the $10,000 debt, but not [$50,000],” he said during a CNN town hall last month.