Why do Republicans oppose Joe Biden's efforts to cancel student debt?

I don't get it and I'm hoping you can help me figure it out.

Why do Republicans oppose President Biden's efforts to cancel student debt.

This Tuesday, seven states led by Missouri's Republican Attorney General sued the

Biden administration to stop his most recent attempt to reduce student debt. In a separate lawsuit, 10 other Republican

controlled states filed a separate lawsuit to try to block the same Biden effort.

The week before, somebody slipped this little gem into Maria Cantwell's must pass legislation

reauthorizing the Federal Aviation Administration, the FAA.

My inquiry to her press office was never answered.

Quote, the Secretary, the Treasury, or the Attorney General,

may not take any action to cancel or forgive the outstanding balances

or portion of balances on any federal direct

on subsidized Stafford loan or otherwise modify the terms or conditions of a federal direct unsubsidized Stafford loan made to an eligible student except as authorized by an act of Congress."

In other words, it appears they're trying to use the force of law to prevent President

Biden from forgiving a large category of student loans. But why? No banks are being

hurt by these loans being forgiven. They're all federal loans funded by the

government. When the loan is forgiven forgiven the debt simply vanishes.

It doesn't cost any of us a penny and isn't hurting the big bank donors to the

GOP. Forgiving student debt is an economic stimulus freeing people up to buy a new

home, start a new business, or just

begin the family they've been putting off because of economic uncertainty.

Everybody benefits. The closest I can come to thinking of a motive for these

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