Friend,
By now I’m sure you’ve heard the news. The Biden Administration just added insult to injury by declaring student loan “forgiveness.” This means that Biden wants hardworking Americans to pick up the TAB for some of the wealthiest among us…
➡ ➡ ➡ This is just plain wrong.
Transferring student loan debt from well educated college grads to responsible lower and middle class families is a terrible idea. Not only is it an insult to hardworking Alabamians who never took on student loans or who already paid their loans off, it means higher inflation and more debt, even while we face an already staggering national debt crisis.
My mom never had the opportunity to go to college and worked in a small business to help provide for our family growing up. Now, people like my mom across the nation will be saddled with paying off the loan debt of Americans who got master’s and doctoral degrees. How is this fair?
The truth is, it’s not. I want to know your thoughts on the issue. Do you think Biden’s plan to forgive student loan debt is fair?