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FILE - People walk on the campus at Stanford University in Stanford, Calif. A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven. A study released Wednesday, April 20, 20220, by the Government Accountability Office revealed flaws in the management of income-driven repayment plans. (AP Photo/Jeff Chiu, File)

Biden not considering $50K in student loan debt relief

The Biden administration is taking a hard look at student loan relief. During a press conference Thursday, Joe Biden said $50,000 in debt reduction is not on the table, shutting down a mounting push from progressives.