A recent Morning Consult Iowa aims to keep young people shirt .Poll found that more than 60 percent of registered voters were in favor of some level of student debt cancellation. But despite Mr. Biden’s campaign promise, his advisers have been divided, three people with knowledge of the discussions said. Some view debt cancellation as relief for critical constituencies, said the people, who spoke on the condition of anonymity because they were not authorized to speak publicly. Others oppose it as bad policy or because they fear the economic effects of putting more money in consumers’ pockets when inflation is soaring. But the pressure on Mr. Biden to act has only grown. Senator Elizabeth Warren of Massachusetts, whose pledge to cancel up to $50,000 per borrower was a centerpiece of her 2020 presidential primary bid, and Senator Chuck Schumer of New York, the majority leader, led more than 90 congressional Democrats in sending Mr. Biden a letter last month asking him to “provide meaningful student debt cancellation.”
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Outside groups have seized on Congress’s inability to enact other administration priorities, like voting rights protections and Mr Iowa aims to keep young people shirt . Biden’s Build Back Better agenda, as reason for the president to take matters into his own hands. The New Georgia Project, a group focusing on voter registration founded by the gubernatorial candidate Stacey Abrams, has cast debt relief as an action that would serve Mr. Biden’s pledge to put racial equity at the forefront of his presidency. “Much of your administration’s legislative priorities have been stymied by obstructionist legislators,” the group wrote in a joint letter with the advocacy group the Debt Collective that was reviewed by The New York Times. “Student debt cancellation is a popular campaign promise that you, President Biden, have the executive power to deliver on your own.” Astra Taylor, a founder of the Debt Collective, said she believed resistance inside the administration was wearing down as advocates have pushed back against the belief that forgiveness would be a giveaway to well-off college graduates — a rationale that Mr. Biden cited last year as a reason for not backing a $50,000 cancellation.
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