Trump includes student loan forgiveness in latest stimulus proposal

 

Source: Adam S. Minsky, Forbes

President Trump has offered to forgive some student loan debt as part of a new $1.8 trillion stimulus proposal to House Democrats, indicating how rapidly the idea of cancelling student debt has gained broad, bipartisan appeal.

Trump’s latest attempt to revive stimulus talks comes after he abruptly pulled the plug on congressional negotiations last week. The administration is now proposing that $25 billion of the $1.8 trillion package be dedicated to student loan forgiveness.

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