Biden will drop student loan forgiveness from next week's budget breaking campaign promise to cancel $10,000 debt for all 42 million Americans Joe Biden campaigned on canceling up to $10,000 of debt per student But the President appears to have dropped it from his agenda and it's reportedly been scrapped from next week's Budget 'The idea that you go to Penn and you're paying a total of 70,000 bucks a year and the public should pay for that? I don't agree,' Biden said in an interview The move is likely to anger the leftwing of the Democrat Party, after AOC and Elizabeth Warren repeatedly pressured Biden to forgive $50,000 The White House has said it would prefer Congress pass a bill canceling the debt rather than doing so through executive order More than 42 million Americans, or one in six adults, have student loans, and owe an average of $36,520 https://www.dailymail.co.uk/news/ar...op-student-loan-forgiveness-weeks-Budget.html
I don’t know why people are still surprised when politicians don’t follow through on campaign promises. I’m still waiting on Obama to close Gitmo.
The idea that you go to Penn and you're paying a total of 70,000 bucks a year and the public should pay for that? I don't agree,' Biden said in an interview I agree 100% with that. Just my personal opinion, nope not a nazi!
Well, I'm totally surprised that he didn't keep that promise. Maybe someone should have called it "defense fund" or something.
I understand the logic in that, but it's totally passing the buck. Congress, full of rich people who don't give two shits about the average US citizen, aren't going to do jack shit about it ever.
Because he's a piece of crap. Which is still legitimately a dramatic improvement over the last president...
I agree as well. The current institution is predatory in nature. They need to fix the broken system first. But everyone made their choice. I'm fine with making all the loans 0% interest, but cancelation is the wrong approach
It's an investment in our country's future. Debt is crippling an entire generation. Why do we need to spend trillions on defense and not put a little money into actually fixing our economy?
Because when I went to school, I didn't get a loan*! *usually said by people who paid significantly less money to go to college 30 or more years ago
Even community college is getting pretty crazy expensive. Real incentive to join the military these days to get the GI Bill.
Obviously because of socialism. Can't do that. ... except when we're transferring middle class tax dollars to defense contractors.
i have two granddaughters that have just gone through the whole process of student loans, scholarships, etc. for starting College this next fall. Even with one having a substantial scholarship their loans will be substantial. Their parents chip in some as I did for my kids, but feel they need to be financially responsible and invested, for their decision to obtain loans for continued education. Both parents (my kids) will tell you that owing on a loan, that they chose to use, was serious motivation too, once done get in the work place to pay for their loans. No different than if they elected to go purchase a home, vehicle or whatever on time, its their responsibility. I worked while attending community college and PSU and after I was married and having kids, to pay off my student loan. There were sacrifices on the way though which was tough at times.
