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President Joe Biden’s new plan to “cancel” up to $10,000 in student loan debt for those making less than $125,000 annually is a dereliction of constitutional duty, a crass political gambit in the lead-up to a contested midterm election and a morally perverse value judgment that lavishes The Regime’s insular, well-heeled voting base at the expense of the median middle-class American. It is, to…