During his presidential campaign, Joe Biden ran on the “cancellation” of $10,000 in student debt for all college graduates, and further relief for those making less than $125,000. Now that he has been projected to win the White House, pending recounts and legal challenges, we may soon find out whether Biden intends to follow through on these promises for a federal student loan bailout.

If he does, he’d be prioritizing the interests of the well-off and well-educated during a time of national crisis — one that’s hurting the working class the most. It’s hard to see any scenario where that’s a responsible use of taxpayer dollars.