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    • As Elon Musk implements his “Terafab” vision, these chip stocks might be profitable.
    • Stagflation, a bogeyman from the 1970s, is haunting America. This is the extent of the threat.
    • One major bank is increasing its S&P 500 objective as markets falter due to concerns about the Iran War.
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    Home » Kamala Harris asks the teachers union to forgive student loans, saying, “A future where no teacher has to struggle with the burden.”
    Economy

    Kamala Harris asks the teachers union to forgive student loans, saying, “A future where no teacher has to struggle with the burden.”

    The Biden-Harris administration has approved over $100 billion in student-debt relief
    July 27, 2025Updated:September 5, 2025No Comments
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    When she spoke to a major teachers union in Houston on Thursday, Vice President Kamala Harris talked about the Biden administration’s work to forgive student loans. She did this to show how different the White House’s record is from the way Republicans handle this problem.

    So far, the Biden administration has forgiven more than $168 billion in student loans for some groups of borrowers. Officials at the White House are also working on a plan to forgive even more loans for a wider range of borrowers. People who have worked for the government or certain nonprofits for at least 10 years, like teachers, are qualified for the latest $1.2 billion cut by the administration.

    In her speech to the American Federation of Teachers, the first union to back her for president, Harris said that she would keep doing what Vice President Biden is doing to help students with their debt if she is elected. The union had been working to make things easier for its members with their student loans, so they were open to what she had to say. This week, the AFT sued MOHELA, a company that handles student loans, over how it treats its customers.

    Harris asked the people in the room to picture “a future where no teacher has to struggle with the weight of student loan debt.” She talked about a teacher she met in Philadelphia who was the first person in her family to go to college and was still having trouble paying off her loans decades after she graduated. Because she had so much debt, the teacher thought about quitting her job for good.

    He said, “After 20 years, she still owed $40,000 in student loans.” “And we forgot about it all.”

    It has not been easy for the government to run its loan forgiveness schemes. The legislative branch of the GOP is against the proposal.

    Former President Donald Trump has said bad things about the Biden administration’s attempts to lower the national debt. He told the AFT that Trump and his “extreme allies” want to “stop teachers and other public servants from having their student loans forgiven.”

    In a 2022 post on X, Trump’s running mate, Ohio Sen. J.D. Vance, called forgiving student loans “a huge windfall to the rich, to the college educated, and most of all to the corrupt university administrators of America.” Vance said, “Republicans must fight this with all of our strength and strength.”

    Still, in the heated race for the White House, both parties are trying to win over unions and blue-collar voters.

    Harris, who is in charge of the White House Task Force on Worker Organizing and Empowerment, stuck to her support for a number of other pro-worker causes, such as child care and cheap health care, paid leave, and protecting unions. She promised to keep the promise made by the Biden government to sign the Protecting the Right to Organize Act into law.

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