Live

Watch CBSN Live

Democrats unveil plan to cancel $50,000 in federal student loans

Several Democrats are urging President Biden to forgive $50,000 in federal student loans. The measure would cost about $650 billion, and lawmakers say it would help the nation's struggling economy. CBS News reporter Kate Smith joins CBSN's Lana Zak to discuss the proposal, and how the White House is reacting to it.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.