One of his first earliest actions on this subject was in 2022 -
FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most
And like a number of his other attempts, it was BLOCKED by the SCOTUS (in 2023) -
Supreme Court strikes down Biden student-loan forgiveness program
By Amy Howe
on Jun 30, 2023 at 12:31 pm
This article was updated on June 30 at 4:00 p.m.
By a vote of 6-3, the justices ruled that the Biden administration overstepped its authority last year when it announced that it would cancel up to $400 billion in student loans. The Biden administration had said that as many as 43 million Americans would have benefitted from the loan forgiveness program; almost half of those borrowers would have had all of their student loans forgiven.
Chief Justice John Roberts wrote for the court in Biden v. Nebraska, characterizing the decision as a straightforward interpretation of federal law.
Justice Elena Kagan dissented, in an opinion joined by Justices Sonia Sotomayor and Ketanji Brown Jackson.
When the Biden administration announced the program in August 2022, student-loan repayments had already been on hold for over two years. Betsy DeVos, who served as the secretary of education during the Trump administration, suspended both repayments and the accrual of interest on federal student loans at the start of the COVID-19 pandemic. She relied on the HEROES Act, a law passed in the wake of the Sept. 11 attacks that gives the secretary of education the power to respond to a national emergency by waiv[ing] or modify[ing] any statutory or regulatory provision governing the student-loan programs so that borrowers are not worse off financially because of the emergency.
(snip)
However from 2022 - current, a series of additional student loan forgiveness efforts have been announced to cover different circumstances to go around the SCOTUS ruling.
But even those efforts have had GOP lawsuits and are of course conveniently forgotten or ignored on DU.