Opinion | How canceling student loan debt would be strategically smart for Biden

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Opinion by Katrina vanden Heuvel: How canceling student loan debt would be strategically smart for Biden

Biden appears to be at least partially on board: On the campaign trail, he promised to cancel a.

Which is an absurd proposition: After Congress has obstructed numerous Biden campaign promises, he is nowlawmakers to obstruct yet another such promise? It’s like the fable of the scorpion and the frog: Biden knows that relying on members of Congress is a surefire way to get stung. Yet he keeps getting duped into crossing the river with them.

 

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Let’s cancel child support too.

If anyones debt should be cancelled it’s the ex convicts who completed their terms only to be released into a society that won’t hire him because of a debt to society he already paid and the blackball placed on every ex felon isn’t read into the sentence at court. 1/2

More Socialist Democrat freebie want a bes,, don't forget to send a check for everyone who have been paying on their student loans for years and those families who paid for their education out if their own pockets.

Canceling student debt would mainly benefit the wealthy.

Corporations have benefited from individual Americans efforts to be educated. Productivity up 59% income up 16%. Pay them all off and tax corporations and their primary owners.

It's not going to happen. Let's be realistic does anyone really think the government is going to forget about 1.5 trillion dollars? With as bad as Biden's ratings are don't you think they would be pushing to get this through? Pay your bills people.

FreeStuff

Cancelling the student debt is a braindead move, which results in much harder to acquire loans as it makes those loaning the money crack down much harder on who they let borrow. This will lead to far more declines for people when attempting to get into a school.

What gives young people the right to STEAL from banks? Banks told you how much the loan was going to cost when you pay it back. They told you BEFORE you signed the paper. Don't say crap about 'second chances' your first chance was not reading the contract.

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Student Loans Are Due Starting May 1, But There May Be More Student Loan ReliefWill you get more student loan relief? when will people get it. biden does not want to forgive student loans. He is the main reason that even bankruptcy will not forgive student loads. He might keep postponing it at the latest after the mid terms. But he will restart it all the same. It should have already been done. Just wondering here, when I was in the military and overseas my student loan payments were paused but I later found out the interest was still accumulating. Is that the case with these pauses as well? Forgiving student loans is an unwinnable idea. Should irresponsible rich kids with a lot of assets be forgiven? Should poor kids who have little to no assets but paid all their loans off responsibly be given back thier money? This terrible idea rewards bad decisions. It will fail
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