People who have worked in public service jobs like teachers were already eligible for forgiveness after 5 years, before Biden got elected. He just made it 10.
If someone has been paying on a loan for 20 years and it's still not paid off, the loan was an act of criminal loan sharking. Of course it's canceled.
This is Biden doing nothing and trying to make it look like he is keeping his promise when he isn't.
One neat trick with debt in America. If you don't pay, all that happens is you get a bad credit score. Most Americans will never be able to finance a house anyway. A bad credit score means nothing.
I bet Biden could find some money for Americans to get debt relief if Americans pretended to be Israeli Defense Forces and promised to use the money to kill some little brown Muslim kids.