I was not-so-secretly hoping it would fail!
Since that time, new applications for student loan forgiveness have come to a complete standstill—just 2 days after the midterm elections!
Biden’s administration clearly announced this plan as a way for them to buy votes, with the clear understanding that the plan would never actually come to fruition: Biden does not have the power to cancel the debt.
Part of me wants to say this is a massive victory for personal responsibility, but Biden’s administration knew this proposed scheme wouldn’t hold up. That being said, where were the parents when all of this was going down?