Increase growth???? Trust me I doubt that's very true. You think someone not paying their student loan debt is sitting on a 800 credit score? Not only that but these people who are already not paying their student loans have already been allocating that money to other goods and services already. This isn't going to add any significant changes to gdp. In fact in will just persuade others to stop paying any future debts that they think one day might just be paid entirely by our government.
No debt should be canceled. And hiw about the ones who paid off their student loan debt.....I paid mine off completely after I left college. I should receive a 50,000 tax credit over the next 20 years how about them fucking apples.
Laws change and people get disenfranchised. Some people get fucked and some people make out. Think of the taxpayers who got fucked when the salt cap was introduced.
At least the SALT cap was approved through legislation. I don't believe Biden can eliminate debt through an executive order, but we shall see how it plays out.
Deal with it. https://www.cnn.com/election/2020/results/president Roll with the profitable trades.... Pissing in the wind gets you nowhere. For real.
Nobody asked for college to be $87,000 a year either. Even the cheapest universities will set you back well over $50k now. Older generations didn't have to deal with this kind of debt to get a degree. I've paid off the majority of mine and am totally ok with this. The education system here is just another for profit institution gouging the middle and lower classes.
At this age and time you don't need to go to college. Everything is available on the internet. If you fall into this college scam then you deserved to pay back your loans. Many successful businessmen don't need to go to college, they are self taught.