What do you do with a nine-figure pander after you lose an election? Cut loose, if you’re Joe Biden, or whoever is running the Oval Office in his name. The effort to “forgive” student loans en masse has come to a screeching halt now that Biden and Kamala Harris do not need to buy votes any longer.
Taxpayers can now breathe easier, for the most part:
The Biden administration is officially withdrawing its sweeping proposals to cancel student debt for tens of millions of Americans, effectively closing the door on mass loan forgiveness in the waning days of Joe Biden’s presidency.
The Education Department said in a notice Friday that it was rescinding two of its major pending proposals to cancel student debt, one of which was already preemptively blocked by a federal judge in a lawsuit brought by Republican attorneys general. …
The withdrawn proposals —…
