The White House has long teased"canceling" $10,000 per borrower of student loans, which would mean shifting the debt on to taxpayers, but it finally announced the details of the program on Wednesday. In keeping with my campaign promise, my Administration is announcing a plan to give working and middle class families breathing room as they prepare to resume federal student loan payments in January 2023.
"What does it say for all those folks? Boy, you were really stupid here," former Education Secretary Betsy DeVos told the Washington Examiner in June. One issue that conservatives and progressives largely agree on is that reforms need to be made in order to prevent future borrowers from racking up similar levels of debt. The White House, however, has not laid out firm plans to attack that aspect of the loans situation.
Another question is whether Biden has the legal standing to take action on loans without Congress. House Speaker Nancy Pelosi said in 2021 that the president cannot move without Congress, and most on the Right agree.
Colleges should be on the hook for student debt. Part of the tuition should be for a placement program for the student's first job in their field of study. This should eliminate bogus degrees and make colleges focus on education NOT safe spaces.
It’s in keeping with the slacker mentality this generation and progressives have. they’re the same one who endorse “quiet quitting”.
This is discriminatory towards anyone who did not attend college.
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