Interesting. you heard the president say he could cancel $10,000 but not 50,000 without congressional asking. what is the difference? why is 10,000 the cap? $10,000 is absolutely not the cap. $50,000 is not the cap. there is nothing holding back the president from canceling all federal student loans. which are the vast majority of student loans in this country. this authority comes from the higher education act from 1965, and it s important to note that president biden, during his career at senator, actually voted multiple times to we authorize the higher education act. in other words, he was part of those congressional bodies that granted the power he now possesses to cancel student debt. and it s also important to note that his administration has actually been using this same authority to cancel the interest as part of these student loan payment pauses. it is strange to suddenly say, hold, on i don t know if i have the legal authority to do