The media is replete with articles speculating about President Biden’s across-the-board  student loan debt relief plans, given that federal student loan debt exceeds $1.6 trillion spread across 43 million borrowers, according to the Federal Student Aid portfolio summary for 2022. These plans for broad-based forgiveness extend beyond the existing pause on student loan payments implemented through COVID-19 emergency relief, Public Service Loan Forgiveness Program waivers, and forgiveness for borrowers defrauded by for-profit institutions and borrowers with disabilities.