Sens. Chuck Schumer (D-NY) and Elizabeth Warren (D-MA) attempted to celebrate President Joe Biden’s recent student loan forgiveness plan in an online video.
The pair stood outside the Capitol in a video posted to X on Thursday, discussing Biden’s idea to waive accrued and capitalized interest for over 30 million borrowers for the price of $57.75 billion. Schumer explained that the plan would apply to “both middle-class people and working people but particularly people of color, many of whose parents didn’t go to college; they got taken advantage of by some of the colleges particularly some of the for-profit ones.”
“That’s a lot of people,” Warren said. “That is four Massachusettses.”
“And four New York Cities — even better,” Schumer quipped.
“It’s also going to be a lot of people who don’t have diplomas,” Warren said. “People
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