This is a literal write-off, the plan so far is to only forgive their lowest quality loans that are either defaulted or will in next 2 years, aka another bailout due to poorly underwritten loans (Privatize the gains, socialize the losses). Every Month I hear about how either Biden waived oh so many student loans, or how is he going after whats left, never how he refuses to take executive action to get rid of the loans he promised to get rid of while campaigning. Meanwhile Biden can use executive action to fund Israel’s genocide, but not the student loans that many people say he won on. I do not feel represented by these kinds of actions and can not support them, we can fund Genocide and Bank losses but not the regular joe.