The Biden Administration is stealing from Middle America. Last week, they took from plumbers, truckers, contractors, and everyone without a college degree to pay down the loans of those who do.
College is too expensive; I’ll be the first to agree with that. No one is questioning whether a degree in “insert liberal buzzword here” studies is work $100K+. What we are questioning is why people continue pursuing these degrees, knowing it will land them in a mountain of debt, and why those of us who chose not to are left footing the bill.
When will Washington Democrats realize that easy access to government funds drives costs up? We are still experiencing the impacts of the American Rescue Plan, which added as much as 4 points to our inflation crisis. Now, that’s set to go up even more so that lower income earners can subsidize higher income earners’ degrees.
Once this $300 billion “band-aid” is spent, students will still have debt, America will still have sky-high inflation, and colleges and universities will still be charging too much for tuition. In other words, the cycle continues, only now it’s worse. Why? Because the federal government has set a precedent that it will cover for the woke universities that overcharge students and the students who graduate with a degree that will not enable them to pay those loans back.
I don’t know about y’all, but I was spending 11 figures on a band aid, I’d at least want it to work!
Before this announcement, 87% of Americans did not have student loan debt. Now, we all do. Biden is making everyone who worked multiple jobs, studied or practiced hard for a scholarship, or joined the military to pay for school look like a fool. Because all along, Washington Democrats been waiting to buy college graduates’ votes for $20,000.
