to help them pay for college, not one did so with the expectation those loans would be forgiven.
As with any issue involving billions of dollars and the question of fairness , forgiving student loans is polarizing. There are critics to the left of Biden who believe the amount forgiven is too small and this action doesn’t address the root causes of rising college costs. And there are critics on the right who see this as a giveaway.
But as Time correspondent Charlotte Alter wrote, “when McConnell graduated from the University of Louisville in 1964, annual tuition cost $330 ; today, it costs more than $12,000, a 380% increase.” Directing anger at and casting judgment on borrowers whose loans will be forgiven is wrong. We should be far more concerned about the barriers many face to higher education, how vocational schools can be made more accessible, and how to address the root causes of rising tuition costs.
Source: Education Headlines (educationheadlines.net)
Thank Biden for supporting higher ed; while more can be done (e.g., helping with runaway federal student loan interest rate that can't be negotiated or addressing runaway tuition), it's good to help those trying to advance themselves. The rich didn't need these loans. potus vp
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'People are paying a lot of money': What students say about Biden's loan forgiveness plan.ABC News hit the road to the University of North Carolina at Chapel Hill to hear what students had to say about Pres. Biden's announcement on forgiving student loan debt. Democrats are worried about midterm elections. That’s the story. Such nonsense. It’s a political stunt to buy votes. I think somebody should keep track of how many college grads who receive this forgiveness,buy houses. More likely to buy more pot. This is like going to the food shelter and asking if the people like the free food!! Crazy and fake news is in on it!!
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3 things you need to know about Biden's student loan announcementWe break down 3 big questions surrounding President Biden's sweeping student loan forgiveness plan: • Who's eligible? • Do I have to apply? • Will my monthly payments go down? 10 grand lol Find out how much it will cost the taxpayers. Instead of asking about the legality, who is to pay for this, and why universities pushed worthless degrees...NPR is a joke. DefundNPR
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Student loan forgiveness plan will have minimal impact on current inflation, expert saysMore than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Biden announced Wednesday. Who needs discipline and responsibility? 🤬🤬🤬 😡😡😡 studentloanforgiveness
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AOC Says Congress Could Reverse Trump Tax Cuts to Cancel All Student Debt\u0022You could undo the 2017 tax cuts for the 1% and forgive all student loans plus have money left over,\u0022 said the New York Democrat. AOC But the 1% earned their tax cuts. 🤷🏻♂️ AOC Cancelling all student loans is a losing issue politically. AOC
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Rep. Tim Ryan’s criticism of student loan debt forgiveness alters prior stanceWhen Biden announced his student loan decision Wednesday, Ryan was the only Democratic member of Congress from Ohio who didn’t give it two thumbs up. He's right
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