The problem with Biden’s student debt plan | Editorial

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This plan is costly and deeply flawed.

Americans now hold about $1.4 trillion in student debt, a real crisis, but this relief should be better targeted. While most of the people who will benefit from his plan are middle class, it’s still an expensive giveaway to a lot of folks who don’t really need it.

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It's a start to close the wealth and debt gap between people of 'color' and 'whites'?

Thought this was NJ and not USA. Can we go back to war about pork roll and Taylor ham, because the last few things you posted were ridiculous.

If you were to ask the voters before midterms if $1 trillion in debts willingly and eagerly taken on by students should be forgiven at taxpayer expense, I wonder what the answer would be?

This loan forgiveness BS is not legal and will be struck down by the courts

It didn’t go far enough?

That’s it ignores the fact that they knew they were talking out a LOAN not receiving a gift?

Vote blue💙

Does your editorial board really no understand what can and cannot be done with executive order?

Um, because it's completely unconstitutional and Biden doesn't have the authority?

It's not BIDENS

100% buying votes with entitlements and forcing people who couldn’t afford college to pay the debts of people who did.

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GOPers, stop whining over student loan forgiveness. The fight is just getting started.._jahan: Biden’s student loan forgiveness plan is undoubtedly monumental. But as it stands, the policy doesn't do enough for those who carry a majority of the country's student loan debt — Black women. (via thereidout Blog) _Jahan thereidout Yep the courts will overturn it. _Jahan thereidout Biden does not have the authority to forgive the loans. Don't get your hopes up. _Jahan thereidout Giving 10k to people who took on 100k-300k in debt is sort of funny. Also seems like they aren’t that smart
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Student loan relief highlights burden on Black borrowersBlack borrowers on average carry about $40,000 in federal student loan debt, $10,000 more than white borrowers, according to federal education data. Sounds like the fault of the individual taking the loan out. the educational con And?
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If Biden Can Cancel Some Student Debt, He Can Cancel All Student Debt in the USBiden’s student debt plan lays a groundwork for future jubilees. It’s time to push for full debt cancellation. a fraction of the billions given to armement corporations to feed the war led by the US with ukrainian blood 🤦‍♂️ Actually, he can't. That's up to Congress. 31 USC 1301 et seq
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How many Utahns will benefit from student loan forgiveness? And how soon?Collectively, Utahns with outstanding federal student loan debt owe about $10.2 billion, or over $33,000 per person. More than 100,000 of them are eligible for relief under the plan. But BasedMikeLee said this was only going to benefit Californians living in their Hollywood producer dad's basement with PhDs in Gender Studies! You mean to tell me this is actually benefiting 100,000 Utah voters? waytogobrandon What is the total amount of PPP loan forgiveness in UT? Total amount of bankruptcies by state legislators?
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An Act of Mercy Ignites the Class WarElites are outraged over President Biden’s student-debt cancellation. onesarahjones writes on what it looks like when they defend what they believe is their territory
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