Opinion: Is Biden’s student loan forgiveness fair? No. And that’s OK.

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Opinion | Is Biden’s student loan forgiveness fair? No. And that’s OK.

Are you missing out on the student loan forgiveness gravy train? Don’t despair; instead, rejoice that after decades of bailouts for corporations, handouts for multi-millionaires, and sweetheart deals for the oil and gas industry, the everyday American is getting this particular wad of cash.eligible to have up to $10,000 in student loans forgivenGovernment is in the business of picking winners and losers.

Eighteen-year-olds are ill-equipped to make the life-altering decision to take on thousands of dollars of debt and put their own earnings on hold, all for the promise that it will lead to higher earnings in the future. The adults in these students’ lives failed them if that calculation was off, and unlike other financial mistakes, there is no ability to file bankruptcy and wipe it all clean.

But the taste of bailing out 18-year-olds for their bad choices should be much less bitter. In fact, I would argue that in the face of government corruption that so often has dollars flowing to the top, this should feel pretty sweet.

 

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meganschrader No it’s not fair but it’s a start

meganschrader Biden is doing good things. It’s sad that the Fox News cultists have been so brainwashed that they can only hate. Wipe out the gop

meganschrader Stay mad 🤣

meganschrader Nothing is forgiven. The debt is passed on to the taxpayer and will also prolong inflation.

Forgiveness of students loans is already available. This announcement is just an attempt to get support for his party to avoid losing any positions in the Congress. He already has lost Yahwehs blessing by supporting his Enemies and breaking all of the 10 commandment.

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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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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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Who qualifies for student loan forgiveness under Biden’s plan?Do you qualify for student loan forgiveness? After President Joe Biden’s student loan debt cancellation announcement, millions of borrowers can save thousands. Damn AOC hooked herself up with 10k!!! Which loans qualify? ALL Student Loan Debt! Not just $10,000 or for those who make $120k or more! If Monies can be given spent for wars we aren’t a part of, then there clearly more than enough to take care of US citizens!! POTUS studentloanforgiveness
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