that Congress created under the Cares Act, including multiple extensions under both Biden and President Donald Trump. Therefore, if there is no further wide-scale student loan forgiveness, the message could be that student loan borrowers have received significant student loan relief. It doesn’t mean that student loan borrowers still aren’t struggling, but the message from elected representatives to student loan borrowers is that federal subsidies from taxpayers may no longer be possible.
Biden wants to cancel $10,000 of student loans, but if he doesn’t have the legal authority, then Congress will need to act. Without broad support in Congress, student loan cancellation is deadlocked. Make sure you understand all your options for student loan repayment. Here are some popular options for student loans to save money:
We can bail out whoever we choose. Lehman.banks and politicians who get out of jail for commiting illegal acts. Sorry can't help out students. Should never help out the future.
Loan deferment given Covid-19 is appropriate. Loan cancellation sends the wrong message DNC GOP POTUS. A loan is a binding contract. A promise to repay. A promise made should be a promise kept.
It's OK to piss away 2 trillion in Afghanistan but under no circumstances should we help are misguided kids who thought a degree would guarantee success in life.
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Every dollar cancelled is another dollar spent in a locsl store cresting local jobs. College finance scam has yielded billions while wages held to $60k. Students parents scammed over cost and estimsted return of education
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