The Build Back Better plan — Biden’s economic and social plan in the aftermath of the Covid-19 pandemic — was cut from $3.5 trillion to $1.75 trillion. Both before and after reducing the legislative package, you won’t find any mention of wide-scale student loan cancellation. Not from the president. Not from Congress. At the same time, there has been no shortage of rhetoric in recent weeks about the need to cancel student loans and to cancel student debt now:
“President Biden can cancel student loan debt with ‘the flick of a pen.’”
