You must be kidding me. WTF Exclusive: House Democrats call on Biden to forgive $50,000 of borrowers’ student debt (msn.com)
How many billions of dollars have we pumped into the stock market during the pandemic? The biggest scam in America is you’re some kind of a loser if you’re working class and get something from the government but you’re some kind of a genius if you’re wealthy and take in millions from the government. And I get, people will say I don’t support bailing out the wealthy blah blah blah, but guess what they’re always first in line.
You'll not get any bigger advocate of redesigning or even ending the Federal Reserve than me. They're the number one reason wealth disparity is as bad as it is right now. Number one. But if your stance (and I'm not sure it is) is "lets bail out student loans because we were criminals and bailed out wall street" that's kinda like saying "we were dumb enough to do X, so lets be even dumber and do Y"
My stance is dollar for dollar, forgiving student debt is probably the best long term investment we can make as a stimulus program. My preference would be student loans are interest free.
I have absolutely no problem with zero interest loans for student loans. I think that is a fantastic idea. But forgiving debt outright that people took out? No.
If they are going to "forgive $50K" in college loans and "charge it to the tax payers" (to buy votes for the DemoCraps, of course)... wouldn't it be fair for all of us who paid our own way through college (and/or paid off our loans, as applicable).. to receive a $50K check from the government? You know, "everybody equal"?