What would student loan cancellation mean for NJ students?

When on the campaign trail, President Joe Biden vowed to wipe out large amounts of debt for student loan borrowers. Now, pressure is mounting over exactly how much.

This week, at a town hall, Biden clarified his stance, saying he will support canceling up to $10,000 a person, not the $50,000 his Democratic colleagues are pushing for. What would a deal mean for New Jersey’s students? Correspondent Leah Mishkin reports.

WATCH: Report spotlights a grim corner of sobering student debt crisis

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