About 10 minutes after stepping to the podium of the Roosevelt Room on Aug. 24—having already regaled reporters with stories of wearing baseball spikes to his father’s workplace in Newark, Del., and driving a “nice used car” to his high school prom—President Joe Biden got around to the topic at hand.
His administration planned to grant student loan forgiveness to more than 40 million Americans, with at least half seeing their debt wiped away. “We’ll provide more breathing room for the middle class so they’re less burdened by student debt,” he said.
