PHILADELPHIA -- For some of the 43 million federal student loan borrowers, President Joe Biden’s cancellation of $10,000 to $20,000 in student loan debt, announced last week, could be life-changing. “By itself, this will not fix a failed system. But this cancellation is an immediate step, the biggest single step we can take” to help student loan debtors, said Persis Yu, policy director and managing counsel at the Student Borrower Protection Center, based in Washington, D.C. And she added that the program might have trouble reaching the potential chief beneficiaries of the forgiveness program: ...