Biden just quietly created the largest student debt handout program in U.S. history

In June, the Supreme Court struck down the White House’s plan to cancel $430 billion in student loan debt. Biden’s debt cancellation plan would have been the biggest student debt handout in history, had it not been wildly unconstitutional.

Undeterred, the Biden administration has rolled out smaller debt relief programs in the wake of the Supreme Court’s decision, and it has announced that it is in the process of developing an even larger debt cancellation plan in the near future, one that will likely also be challenged in court.

However, as important as these legal and political battles are, a

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