The proposed debt cancellation of more than $400 billion would have been one of the most expensive executive actions in U.S. history and affects tens of millions of borrowers.
Of course they did. If you’re rich, you get a bailout. If you’re not, then fuck you.
My guess is they have had a few back up plans considering no one thought this would work.
I agree! It probably won’t be a blanket forgiveness, but they’ll do what they can.