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 of dollars in debt, for people who have gone to Harvard and Yale and Penn ..."