Prediction: a certain hack politician who is proud to have a pen and a phone will try to issue an executive order “forgiving” some or all of it.
Probably on the eve of a critical election.
Quite possibly. What do you want to bet they’ll forgive only those who are members of the ‘right’ groups or political party?
I’m doubtful about the forgiveness option.
Why? Because blacks and Hispanics aren’t heavy borrowers. They get scholarships to schools above their capacity, and if they graduate, it’s without the typical debt load whites and Asians carry.