Biden Wants To Help Pay Some Student Loans, But There's Pressure To Go Further

[livingston]

Biden Wants To Help Pay Some Student Loans, But There's Pressure To Go Further
President-elect Joe Biden has affirmed his support for erasing some student debt "immediately."
Senate Democrats are pushing for much more debt relief. Senate Minority Leader Chuck Schumer co-authored a resolution in September with Sen. Elizabeth Warren calling for the next president to cancel up to $50,000 of outstanding federal student loans per borrower. According to data from the College Board, that would mean erasing all debt for more than three-quarters of borrowers

Biden Wants To Help Pay Some Student Loans, But There's Pressure To Go Further

The president-elect called for immediate action to help borrowers who are "having to make choices between paying their student loan and paying the rent."

www.npr.org

 

[livingston]

when Biden does not win there will be more folks willing to riot... They just lost out on a $50,000 stipend for taking Bachelors in Gender Studies majoring in Lesbian Dance Theory.... (that's a real major folks )... And other useless subjects

 

[Phazer]

SCREW THAT!

I've been out of post-grad training for 25 years and I'm still paying my student loans. If they're handing out grants paid for by taxes, I want my share!

 

[Phazer]

Hard-Working Plumber Looking Forward To Paying For His Neighbor’s Gender Studies Degree

PADUCAH, KY—With Democrats proposing the mass cancellation of student debt, successful Americans around the country are really looking forward to paying taxes to relieve the debt of people who purchased expensive yet useless college degrees. One local plumbing contractor, Sam Caughorn, is really...

babylonbee.com

 

[Carlos Hathcock]

"erasing" student debt.




Excuse me Mr. Rocket Scientist supposed president elect (I mean president installed). Are you saying that you and queen Kuntmala are going to walk into lending institutions with a 300lb pink pearl and just "erase" debt? Is it just that simple? Well shit, if its that easy, why not just "erase" car loans for all students, and how about credit card debt too? Hell, might as well give students a head start out there and make em debt free. I guess the lenders will be happy to just walk away from all the money they loaned......yknow, the money people agreed in writing to pay back. Maybe the mob should get into student loans.