This week, more than 800,000 student loan borrowers with billions of dollars in debt will begin to have their loans discharged.
A one-time account adjustment has been announced after the Biden administration said last month that it would forgive student loans for borrowers with a combined $39 billion in federal student loan debt.
So, does the Biden administration have the power to do this?
J.D. Durkin from The Street joins Veronica Dudo to discuss. #debtforgiveness #studentdebt #Biden #collegetuition