Hard disagree. The Obama administration drastically altered federal student loans worked, end-to-end. One of the largest changes was to get the DoE directly i

Hard disagree. The Obama administration drastically altered federal student loans worked, end-to-end. One of the largest changes was to get the DoE directly into the market of lending and holding student loan debt. Cutting out servicers like Navient, and costing them tons of money in lost subsidies and essentially nationalizing the industry. Policies such as Public Search Loan Forgiveness, Pay as You Earn (PAYE), Perkins Loan cancellation, and several others were part of the Student Aid Bill of Rights. Having the government hold student loan debt is foundational to making these policies work. This was a key policy platform of the Obama administration. It's less widely known about, compared to ACA, but still an important one. And this is probably the reason that it's been a day-one policy issue for the Biden administration.