Mitch McConnell's Condemnation of Debt Relief Is Dripping With Hypocrisy

  • 📰 truthout
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 68%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Many Republicans who are exclaiming about the unfairness of student debt cancellation took advantage of the debt forgiveness available in the Paycheck Protection Program at the height of the pandemic.

Often in this society, when a scam is exposed, one must peel it layer by layer like an onion to reveal the stinky green, tear-inducing nubbin at the core. This week’s lesson in “How We Get Screwed Everywhere We Turn” finds us confronting the sticky wicket of student loan debt, and the problem some people have with the idea that other people might get something that helps them.

Thus, the cynic in me is forced to note, you are inducted into The American Way: Your salary provides you with purchasing power that entire industries — maybe even the one you work for! — cater to.

By the time she was finished with college and law school, my friend the newly minted lawyer had a pile of student debt on her back large enough to enjoy its own gravity. The advocacy groups, the public defender’s office, all the places she wanted to apply her talents and intentions, paid far too little for her to be able to manage her debt, and so she wound up at a desk by the window of a glass-and-steel cage 30 stories above downtown, another associate “grinder” at another corporate law firm.

There you have it. How do you get the smartest students in the country to work defending the rights and power of corporations? Bury them in debt and then lure them into six-figure careers — perhaps a partnership, or even a judge’s robe down the road — spent defending those corporations in court. So long as these students are shackled to debt, torrents of them will be available to make sure oil companies will never know a reckoning for, say, turning the Gulf of Mexico into a death zone.

 

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

 /  🏆 69. 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.

Cancel It All: An Interview With Astra Taylor on the Call for Full Debt ReliefTaylor debunks cynical arguments against debt cancellation, including Mitch McConnell's complaints about Biden's action.
Source: truthout - 🏆 69. / 68 Read more »

Borrowers with paid-off debt feel punished by Biden for doing 'right thing'Senator Mitch McConnell said it was a 'slap in the face to working Americans who sacrificed to pay their debt or made different career choices to avoid debt.' I agree. I’ll take $10k off my home loan please. Mitch McComrade can go fly a kite They'll get over it.
Source: Newsweek - 🏆 468. / 52 Read more »