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students $200 on average. borrowers would repay $470 billion in debt according to the and wharton model. that's more than president biden's student loan forgiveness was expected to cost. paul: $407 billion. what legislative authority is the president calling for? >> 0, just waving it into magic executive order. let's get cynical about this. clearly after the first one was struck down by the supreme court, they are back and the point is democrats joe biden really want the college vote or the vote of recently graduated college students carrying this debt. the political question is by putting the subject in front of people so often will it build resentment as suggested with the first one among young