The “Cancel all student debt” movement is sort of like a an automatic Democrat-campaign-ad generator. Obama and all his minions know that the Republicans would never let this happen so they can crow about it endlessly.
“President Obama and (*Democrat candidate name here*) have been fighting to forgive all student debt so that hard working young Americans can join the middle class, but the Republicans would rather give tax breaks to their millionaire friends...”
You’ve pretty much nailed it....
(I’m actually old enough to remember when the MSM actually mentioned the budget deficit now and then, I think it was when Bush was POTUS)