# Multimedia 

Multimedia 

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Cato Weekly Podcast • April 27, 2024 

# Biden Continues Transferring Student Debt to Taxpayers 

The Heroes Act was insufficient authority for the President to cancel massive amounts of student debt. The Biden White House has instead been moving to cancel (transfer) smaller amounts of student debt using different executive authority. Neal McCluskey explains the issues.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Neal McCluskey Cropped](/sites/cato.org/files/styles/author_picture/public/2023-11/mccluskey-cropped.jpg?itok=I-QI0yJD)](/people/neal-mccluskey) 

##### [Neal McCluskey](/people/neal-mccluskey)

Former Director, Center for Educational Freedom, Cato Institute

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute