WASHINGTON—President Biden signaled to House Democrats this week that he is seriously considering taking action to forgive student-loan debt on a large scale, according to congressional aides and others familiar with the discussions.
Following a Monday meeting with the president at the White House, members of the Congressional Hispanic Caucus said they felt confident that Mr. Biden is warming to calls from progressive Democrats to take executive action to erase at least some of the debt held by borrowers with federal student loans.
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