Biden promised student-loan borrowers cheaper payments and more debt relief. The government might not have enough money for everyone to actually get those benefits.

Contributing sentiments towards policy:

58% : All of the student aid programs, everything from the process we use to fill out the application for FAFSA, through receiving Pell Grants, student loans, all the way through repaying those student loans, and ultimately, possibly receiving forgiveness, as well," Bass said.
53% : In the budget Congress approved late last year, it did not allocate any increased funding for FSA, and the Education Department recently said that Biden's latest request "is essential to support students and student loan borrowers.""The increase would allow FSA to continue to operate the student aid programs, implement critical improvements to student-loan servicing, continue to modernize its digital infrastructure, and ensure successful administration of the financial aid programs through a simplified and streamlined application process for students and borrowers," the department said.
52% : During the pause, the Education Department announced temporary reforms to the Public Service Loan Forgiveness, or PSLF, program, which forgives student debt for government and nonprofit workers after ten years of qualifying payments.
30% : By the end of June, the Supreme Court is expected to issue a final decision on whether President Joe Biden's plan to cancel up to $20,000 in student debt for federal borrowers making under $125,000 a year is legal.

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