WASHINGTON — While President Joe Biden draws out his decision on forgiving student loans, progressive lawmakers, civil rights groups, labor leaders and other advocates are taking the opportunity to press him to aim for more than $10,000 per borrower.
They’re getting a hand from policy experts within the Department of Education, who have started to study mechanisms to automatically forgive larger amounts of debt for low-income borrowers, according to two people familiar with the agency’s work.
The department is considering how to identify low-income borrowers, including former recipients of Pell grants, people receiving Social Security payments, and those who have had their wages garnisheed by the federal government for failure to repay student loans.