The talk of the town is President Biden’s decision to cancel student loans for a large number of people who are mostly concentrated in the upper reaches of our national income. I’m being a bit vague here because I’m seeing a lot of numbers bandied about, but so far no official scorecard price-out from the CBO. Essentially, it sounds like a married couple earning $250,000 a year would be eligible for a bailout of roughly $20,000.