midterm elections. in a hail mary, biden administration appears to be banking on the youth vote, i m john roberts in washington. you are all warmed up. sandra: and a lot more to dig into there, great to be with you. sandra smith in new york. this is america reports. biden administration is now just moments away from announcing that it is cancelling $5.8 billion in loans for borrowers who attended a for profit college. now middle class americans are left picking up the tab as experts warn a recession is just around the corner. it s the largest student loan cancellation in u.s. history as 560,000 borrowers are now off the hook. john: but could that just be a sweetener? the move comes a day after biden admitted gas and food prices are not going to come down soon. gas prices a new record high, up more than $0.50 in the past month. and new disappointing private sector job data out shows businesses are struggling to hire workers. sandra: it is a big problem and worse. south