Experts warn that canceling student debt makes for bad policy. But Biden and his administration are still flirting with the idea anyway.

According to Maya MacGuineas, the president of the Committee for a Responsible Federal Budget (CRFB), “debt cancellation may be an extremely appealing political talking point, but it is not good policy.”

Other experts advise that full student debt cancelation would cost the federal government roughly $1.6 trillion, and would do little to nothing to help those who need it the most.