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Biden's delayed student debt relief is coming.

Vice President Joe Biden is likely to erase up to $10,000 in federal student loans for many Americans and extend a hold on payments until January. Wednesday's decision.

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Liberals want Biden to help more struggling borrowers, but moderates and Republicans criticize a large forgiveness program's fairness.

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Biden's decision is keenly expected, especially because his own political experts say he can't win politically.

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The people conferred in advance about Biden's intended remarks, but they did so only on the condition that they remain anonymous.

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On the night of the announcement, just a few Biden administration officials understood the plan's details, including a $125,000 income requirement.

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However, the protracted delay on student loans is symptomatic of the insurmountable difficulties he has in delivering on a significant campaign promise.

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The Biden administration has become notorious for making choices at the last minute, and this has been one of its most recognizable traits.

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Under this approach, approximately 30 million Americans would have their college debts forgiven in whole or in part.

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