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Harris silent on student loans as cancellation loses its political luster – Daily News

Harris silent on student loans as cancellation loses its political luster – Daily News

By COLLIN BINKLEY and ALIA WONG

WASHINGTON (AP) — At a campaign rally in April, President Joe Biden told a crowd in Wisconsin about his latest “life-changing” student loan cancellation plan, promising financial relief for more than 30 million Americans.

But Kamala Harris has avoided the issue at her political events since replacing Biden as the Democratic nominee for president. The vice president’s platform mentions it only twice, and without a specific plan. As she woos moderate voters, Harris has focused on policies aimed at Americans without college degrees.

“For too long, our country has encouraged only one path to success: a four-year college degree,” Harris said in September in Wilkes-Barre, Pennsylvania. “Our nation must recognize the value of other paths.”

In just a few years, student loan elimination has gone from a Democratic Party mainstay to a political imperative. Once seen as a surefire way to energize young voters, the issue has now become a bludgeon for Republicans who say it benefits elites at the expense of those who have paid back their loans or not attended college .

The issue came up only once during the presidential debate in September, when it was Republican Donald Trump harris and Biden insisted they had not kept their promise of widespread cancellation. The former president called it a “total catastrophe” that “mobbed young people.”

“They didn’t even come close to getting a student loan,” Trump said.

Biden’s efforts to forgive student loans have hit brutal roadblocks

FILE - President Joe Biden speaks about student loan debt at Madison College, April 8, 2024, in Madison, Wisconsin. (AP Photo/Evan Vucci, File)
FILE – President Joe Biden speaks about student loan debt at Madison College, April 8, 2024, in Madison, Wisconsin. (AP Photo/Evan Vucci, File)

Biden, who once questioned the legality of massive student loan forgiveness, campaigned on the issue after progressives like Sen. Sen. Bernie Sanders, I-Vt., made it a mainstream idea. But as president, Biden has faced relentless challenges from Republican opponents. For the about 42 million For people with federal student loans, hope for forgiveness has turned to resignation and disillusionment.

Biden’s first plan to cancel up to $20,000 for millions of people was blocked by the Supreme Court last year. A second, more limited plan has been halted by a federal judge after Republican-led states filed a lawsuit. A separate policy intended to lower loan payments for struggling borrowers has been suspended by a judge, even after Republican-controlled states challenged it.