Biden's Student Debt Cancelation Does The Bare Minimum

The Biden Administration announced the cancelation of student loans and extends the student loan moratorium one final time until the end of the year. The Majority Report crew discusses how President Joe Biden did not keep his campaign promise as student loan forgiveness will be capped at 125,000 dollars and how this is similar to the Covid relief stimulus checks the administration passed last year. The crew also talks about the history of student loans during the Cold War and why the National Defense Education Act functioned with bakers. The crew also talks about how means-testing only creates a bureaucratic mess and talks about expanding Medicare because of Covid in 2020/2021.

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