FACT-CHECK: Biden's Comments On Loan Forgiveness And Elite Colleges
The President said he doesn't want to forgive the loans of people who went to "Harvard and Yale and Penn." The real picture of student debt in the United States is much more complicated.
At a CNN town hall on Tuesday night, President Biden was asked if he supported the idea of forgiving up to $50,000 of student loan debt for individuals.
His answer: No. He supports cancelling $10,000 in debt, he explained. But he said he is wary of erasing big chunks of loans for people who went to Ivy League schools: "The idea that ... I'm going to forgive the debt, the billions
