I don’t think that’s a good prediction but it’s probably a good idea to make the prediction for the benefit of gullible idiots, aka voters.
How much is loan forgiveness going to cost? $400 billion, something like that? Unless I’m very much mistaken, the president can’t just decide to spend $400 billion without the consent of Congress, which he doesn’t have. That’s not the way the system works.
Time will tell . . .