Biden’s student loan wealth transfer

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 71%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Biden’s student loan wealth transfer | Opinion

President Joe Biden has delivered on his campaign promise of student loan debt relief with a $300 billion plan that will take money from blue-collar workers and turn it over to white-collar workers.

Meanwhile, there is little discussion of some of the root causes of what’s called the student loan debt crisis. The price of the four-year college degree has spiraled upward at speeds that make our current inflation surge look like a slow roll. Many of these same universities offer an ever-expanding array of majors with dubious economic or academic benefit. Students graduate with degrees in hyper-specialized subjects that don’t evenly apply to the waiting job market. Meanwhile, universities require ever less grounding in common and broadly applicable subjects that once made up the core of a university education.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Your metaphor about 'why are we treating the symptoms not the disease' is ridiculous. You do BOTH. You don't let people with terrible symptoms suffer if you don't know how to cure it.

No one has been paying on their loans for three years so it is already part of the economy but now some folks won’t be chained to debt.

400K certified teachers and college instructors in Texas not counting administrative and support staff. Who knows how many of the same across the country? Democrats pander to that voting block. Know y’all know how Robert Francis draws his rally crowds. Got that Gromer?

I'm impressed. A very accurate analysis

What bullshit. $10K won’t make anyone wealthy in 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida college students weigh in on Biden's student loan handoutFlorida college students react to the Biden administration's new student loan handout Loan forgiveness is a scam to forgive all the loans given to fake students enrolled in online classes during the Covid lockdowns! The HUGE numbers of enrollment fraud is Not being reported but is available truth.
Source: FoxBusiness - 🏆 458. / 53 Read more »

What to do if you don't qualify for student loan forgivenessWhile President Biden's new student loan debt forgiveness plan doesn't apply to private student loan borrowers, there are still options for them to get some help. Totally insane and unfair bullshitt. Part of ongoing PsyOps why does this not apply to FFEL loans, they are backed by the gov't just older. why were some bought back by the govt and not others (like mine) and they get relief? I am so confused whose was picked and why? I did not even get covid interest releif And we'll wonder why inflation is still high.
Source: CBSNews - 🏆 87. / 68 Read more »

Biden announces student loan forgiveness: 8 things to knowPresident Biden announced a new student loan forgiveness plan for Americans on Wednesday. Thank God someone is doing something It's inflationary. Here's one. MY BODY MY CHOICE, YOUR STUDENT LOANS YOU CHOSE, YOUR DEBT TO PAY! NBC CBS MSNBC JoeBiden theview SpeakerPelosi ChuckSchumer HouseDemocrats SenateDems ewarren AOC YOURDEBTYOUPAY
Source: ABC - 🏆 471. / 51 Read more »

Biden loan cancellation just a drop in the bucket for medical studentsPresident Biden's student loan forgiveness may help medical students chip away at the mountains of debt they accumulate, especially if they still owe from their undergraduate studies. Wrong!!! What about those that joined the military and lost limbs or their lives to earn the right to go to college? Why do I pay for someone else’s selfishness? Your body, your choice … your loan, your responsibility Yes…won’t you consider the poor, oppressed medical students who earn an average of $243,000… Thank goodness someone is finally giving financial support to… doctors?
Source: axios - 🏆 302. / 63 Read more »

Student loan forgiveness: This is what officials, A-listers and average Americans are saying about the Biden administration effortSOUNDING OFF 📢: Student loan forgiveness: This is what officials, A-listers and average Americans are saying about the Biden administration effort - KPRC2 Texas studentloanforgiveness
Source: KPRC2 - 🏆 80. / 68 Read more »

Biden announces mass student loan forgiveness programBREAKING: President Joe Biden has announced a mass student loans forgiveness program. This is discriminatory towards anyone who did not attend college. It’s in keeping with the slacker mentality this generation and progressives have. they’re the same one who endorse “quiet quitting”. 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.
Source: dcexaminer - 🏆 6. / 94 Read more »