Walkin around

There are news items suggesting that Biden will cancel student debt and it has already begun. The student loan debt for 45 million students is $1.7 trillion dollars. So far 200,000 borrowers who were defrauded were paid $470 million, 400,000 borrowers were paid $7 billion dollars and 92,000 public service workers were paid $6.7 billion. Polls show that young voters are turning away from Biden as only 27% of voters under 30 have a favorable opinion of the president. Some have suggested that instead of canceling all debt he should just cancel $10,000 on each loan. In many cities, most notoriously Chicago, local politicians were given what was called walking around money. Precinct committeemen would walk around their areas with a bag full of twenty dollar bills and hand them out to voters to encourage them to vote. $10,000 is a nice tidy sum for walking around money.