What happens is the next republican can just write a new executive order to overturn it. Trying to do stuff through congress is the smart move and makes it harder to overturn when the republicans have power.
They can’t reimpose loans once they are forgiven. Biden just doesn’t want to forgive loans.
The Dems rejected the only candidate who was going to forgive loans and push M4A.
The American people ain't shyt and our politicians reflect that.