$15,000 of student loans. bill: i would have loved to have been given 10 grand. it could change your life but i signed a contract. a contract. i had to pay it. that was the bill. dana: i was so afraid i couldn t make my next payment that i made two payments at night. i was a waitress. president biden has had to make this decision over and over because he has hemmed and hawed about it. right now today he is expected to cancel up to $10,000 in student debt for americans making less than $125,000 per year. he will also reportedly extend the pause on loan repayments until after the mid-terms even though apparently we have the best job market in history. bill: taxpayers will foot the bill for all of this. it will cost anywhere between $300 billion at the low end and upwards of $980 billion at the high-end depending the decision he makes. dana: the price tag is raising alarm bells on both sides of the aisle. critics are calling it a hand-out that will do more harm than good