Boston City Council To Vote On Student Debt Forgiveness Resolution

BOSTON (WBZ NewsRadio) — The push to act on student loan forgiveness is gaining momentum in the city of Boston.

The council will vote on a resolution during a meeting on Wednesday that would call on President Joe Biden to cancel student loan debt in his first 100 days in office.

Councilors Julia Mejia and Ricardo Arroyo, who introduced the resolution, argue that student debt is a heavy burden on a variety of people and disproportionately affects low-income communities of color.

Boston joins a handful of other cities introducing similar resolutions -- including Cambridge, Philadelphia and Washington D.C.

President Biden has said that he is willing to cancel up to $10,000 for each student in debt. Some lawmakers have said that is not enough -- instead pushing for up to $50,000 in forgiveness.

The Biden Administration is reportedly considering its options on how to act on forgiveness - even floating around the idea of signing an executive order -- but it is not clear if Congress must also approve the measure to get it passed.

According to the Federal Reserve, Americans currently owe more than $1.7 trillion in student loans.

WBZ NewsRadio's James Rojas (@JamesRojasWBZ) reports.

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Written by Rachel Armany

(Photo: Getty Images)

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