position · 2024
Oppose broad student debt cancellation
Steil opposed the Biden administration’s proposed student debt cancellation, arguing that it would not solve the student loan problem. The column described a proposal to cover the first $10,000 owed by borrowers and said it would cost taxpayers $450 billion.
Context: This is a position expressed in a June 2022 column about a then-reported proposal; the passage does not establish his position on other student loan policies.
In their own words
Biden’s plan to [“cancel” the debt(link is external)](https://www.cnbc.com/2022/05/27/advocates-slam-reported-biden-plan-to-cancel-10000-in-student-debt.html "(opens in a new window)") won’t solve the problem.
The source
Published: Original date not established; campaign context manually checked
Retrieved: 11/10/2026