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Less than a year ago, President-elect Donald Trump was poised to pull the plug on Joe Biden’s yearslong push to cancel student debt for tens of millions of people as Republicans sweep into power in the coming months.
Trump transition advisers and outside allies discussed ways to quickly unwind the various Biden-era initiatives that offered new or easier paths to loan forgiveness for borrowers, according to two people familiar with the discussions.
It was to be the culmination of nearly four years of attacks by GOP lawmakers and attorneys general on Biden’s student debt relief policies. On the campaign trail, Trump slammed the loan forgiveness efforts — which total hundreds of billions of dollars — as “vile” and illegal.
Another campaign promise by Trump ends up on the TACO pile.