The Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt, in the coming weeks due to fixes that more accurately count qualified monthly payments under existing income-driven repayment plans.
He really could. Move all funding for record up keep to other departments. After a period of time the data would be so broken that lawyers could make the argument that the debt can no longer be serviced since no one knows what is owned.
Biden is definitely an institutionalist so he would never go about it that way.
I assume you’ve been living under a rock?.. Biden tried to unilaterally wipe out a ton of student loans and it was blocked by a court ruling.
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He really could. Move all funding for record up keep to other departments. After a period of time the data would be so broken that lawyers could make the argument that the debt can no longer be serviced since no one knows what is owned.
Biden is definitely an institutionalist so he would never go about it that way.