WASHINGTON, D.C. - New York Senator Chuck Schumer is praising Biden's decision on student loans cancellations.  

Senator Schumer (D- NY) said Biden has taken a giant step forward in addressing the student debt crisis by canceling significant amounts of student debt for millions of borrowers. He adds this will positively impact families across the country, particularly in minority communities. However, many Republicans are pushing back against this decision. They are calling it fiscally irresponsible and a future burden on taxpayers.