You're ignoring the benefit of people having more money to pump into the general economy.
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Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: reportPresident Biden's expected announcement to forgive $10,000 in student loans will cost American taxpayers around $300 billion, according to some estimates. Buying them votes ahead of mid-terms again. Kurohig51653942 Such a disgrace!🖕 He better not
Source: FoxNews - 🏆 9. / 87 Read more »
Forgiving $10,000 in student debt could cost the U.S. $300 billionMost of the benefit of erasing college loans would go to households earning at least $80,000, new analysis finds. Pisses me off. I have to pay for their liberal science degrees. If they had a degree worth the paper it's written on they could pay the loan themselves.
Source: ALNewsNetwork - 🏆 583. / 51 Read more »
Why anticipated student loan debt cancellation is 'really crazy politics': Fox News contributor StrasselThe 'Special Report' All-Star panel sounded off on the student debt cancellation debate Tuesday as Biden is expected to announce a plan to cancel student debt.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Student loans: Biden administration leaning toward canceling some loan debt, sources sayThe current student loans pause is set to expire soon. Pay back your own friggin loans!
Source: ABC7NY - 🏆 592. / 51 Read more »
Student loans: Biden administration leaning toward canceling some loan debt, sources sayThe current student loans pause is set to expire soon. All college loans should be forgiven & all colleges should be free.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »
President Biden poised to announce some form of student loan forgiveness: SourcesJoe Biden is poised to decide whether to cancel student loan debt for a subset of Americans and continue to keep a COVID-era pause on the repayments I’m not going to paid for someone who majored in liberal arts & couldn’t job at all. This doesn't apply to me, I don't have any student loans. But he did campaign on this and it's only right that he does it. Infuriating!
Source: ABC - 🏆 471. / 51 Read more »