Opinion | How Colleges Will Cash In on Biden’s Student Loan Forgiveness

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From WSJopinion: Federal student loans have since become another all-you-can-eat entitlement. Its costs grow on autopilot as lawmakers boost subsidies in the name of making higher education more affordable, but in reality doing the opposite.

Journal Editorial Report: It insults the millions who paid their loans back. Images: Getty Images for We The 45 Million Composite: Mark KellyPresident Biden on Wednesday lamented soaring college costs to justify his sweeping student loan cancellation. Students, he feels your pain. Yet he fails to recognize that the root causes of high costs are federal-loan and student-aid subsidies.

Like other Great Society programs, federal student loans and grants were initially aimed at helping low-income Americans. They have since become another all-you-can-eat entitlement. Its costs grow on autopilot as lawmakers boost subsidies in the name of making higher education more affordable, but in reality doing the opposite.

 

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opinion I don't think the President promised to pay 10,000 towards NEW students. This forgiveness is about OLD debt. Folks who already took loans. Not NEW loans. Only greedy GOP cult would project this bs.

opinion A committee full of economicist have said this will not effect inflation or the economy at all. Stop being a bunch of hypocrites. GOP gives out billions of dollars to the very richest in this country and then cries about this. Republicans and the WSJ are pathetic.

opinion Hmmm...the silence from WSJ when TFG wanted to 'forgive student debt' speaks volumes.

opinion no more middle-class toys and games!!!

opinion As the GOP reduced taxes on the wealthiest, they reduced funding, in current dollars, for our public schools & universities. Hiring freezes are the most common first steps. Teachers/faculty take on higher loads, programs cut, tuition raised, & so on.

opinion .thewhitehouse how much money did this man get from PPP? 👀

opinion Now do farm subsidies

opinion Yeah, because colleges were actually going to LOWER tuition before this whole debt help program came out. Right, that was TOTALLY going to happen!

opinion The incompetence

opinion colleges and grad schools have been putting out misleading employment and salary data for forever, it's time to even the playing field

opinion Earthing is good for health,effortless and cost you nothing,it's easy to DIY a grounding mat,sheet or pillow to use at home,no need to buy.🏡😷👣🌎 freemedical healthcare antioxidant bloodcirculation Mentalhealth immunesystem

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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.
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Biden announces student loan forgiveness: 5 things to knowThese are some of the top questions surrounding student loan forgiveness and what experts say borrowers should consider. Surely the US government will get out of the student loan business all together. If borrowers are are going to be forgiven then continually loaning money for students is ridiculous. working class voters are now voting Republican en masse… oops
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Biden student loan forgiveness plan is not enough, some borrowers sayStudents with debt that totals $50,000 or $100,000 say President Biden's loan forgiveness plan isn't enough. Where did these student go to school? Did they utilize community colleges and state schools like a lot of my family members did? Did they seek scholorship money? I’m sick of people complaining about their debt! If you borrow money, PAY IT BACK! Yes let's give the 'world owes me a living' generation MORE & screw the ones that actually worked their asses off to go to college w/o gov assistance This is peak channel 7.
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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.
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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
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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.
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