President Joe Biden’s plans to deliver widespread student debt relief were dealt a serious blow last year when the Supreme Court struck down his one-time student loan forgiveness program. But he has still managed to cancel more federal student loan debt than any other president.
TLDR: Totalling roughly $144 billion for about 4 million borrows.
Also, they’re not even doing this yet, they’ve only just now proposed the rule and still need to put it through like 6 to 12 months of public comments and defending it against any changes. So it’s overdue, undersized, and could all fall apart before it goes into practice, but they’re going to try to campaign on it anyway because they know in the amount of time it takes for a reporter to explain all of that Trump will have said/done like five more outrageous and stupid things that will drown out any criticism.
Also, they’re not even doing this yet, they’ve only just now proposed the rule and still need to put it through like 6 to 12 months of public comments and defending it against any changes. So it’s overdue, undersized, and could all fall apart before it goes into practice, but they’re going to try to campaign on it anyway because they know in the amount of time it takes for a reporter to explain all of that Trump will have said/done like five more outrageous and stupid things that will drown out any criticism.