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It's ironic that the conservatives pushing for this frame it as 'working class Americans paying off Ivy League debt', give then context of the current administration firing en mass federal employees with fucking masters degrees working for peanuts.
They keep trying to convince the poor and uneducated that the class war is between them and the college educated. The real class war is between those that have to work to live and those living off of everyone else's work.
Moreover, Biden's student debt relief wasn't even really a benefiting former students all that much since it was debt they largely couldn't pay off anyway (obviously), it was really a bailout to the banks issuing predatory loans to a captive market of young people without any money, assets, or any financial education, but with decades of their lives to toil away paying interest forever.