Schumer Tells Biden To Cancel $50,000 Of Student Loans, But New Research Says Student Loan Cancellation Benefits Wealthy Loan Balance Schumer Tells Biden To Cancel $50,000 Of Student Loans, But New Research Says Student Loan Cancellation Benefits Wealthy James I. Hoomana 02/07/2021 4:03 PM Senate Majority Chief Chuck Schumer(Photo by Samuel Corum-Pool/Getty Images) Getty Photos College student bank loan cancellation—who does... Read More Read more about Schumer Tells Biden To Cancel $50,000 Of Student Loans, But New Research Says Student Loan Cancellation Benefits Wealthy