However it’s done, President Biden needs to make good, at a minimum, on his $10,000 pledge. I urge him, though, to pick a number that more realistically acknowledges the scope of the problem. During a CNN town hall in February, he said “I am prepared to write off the $10,000 debt but not $50 [thousand], because I don’t think I have the authority to do it.”
It’s still up in the air whether and how much federal student loan debt the president can cancel. But I’d like him to try. And then, if Republicans want to fight to reimpose tens of thousands of debt on tens of millions of voters, let them. That’s not a fight they want.