RUMOR - Biden to announce cancellation of student debt

[Dill]

(08-24-2022, 01:58 AM)Crazyjdawg Wrote: I've spent thousands and thousands of dollars paying off my and my wife's student debt and I would be thrilled if Biden cancels 10,000 dollars of debt for young people trying to make it in this economy. We are one of the wealthiest nations in the history of the world, I don't see why people need to put themselves at severe financial risk just to get a degree, which is one of the main avenues to gainful employment in this world.

With that said, this doesn't solve the problem. College needs to be made more affordable. A one time cancellation of $10k does not change the broken system that currently exists.

WHINERS!!

I paid off my $2,500 in student loans from the '70s in a couple of years.

Why should all these young people with $80,000 debts get special treatment?  

We need to scrap loans altogether, and just let people in college whose parents can afford tuition up front.