“I don’t know any wealthy people that have to borrow money for college,” he said.

#Studentloandebt #Poverty #SocialJustice

https://www.washingtonpost.com/education/2023/07/01/i-have-no-hope-student-borrowers-devastated-by-high-court-ruling/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most

I am fine with loan forgiveness if and only if the universities who benefited from the gravy train are the ones who pay for it.

Total funds in university endowments: almost $700B

Cost of Biden’s student loan forgiveness: $300B

🧐 🧐 🧐
https://twitter.com/InezFeltscher/status/1562441445789016066

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

2020 flashback...

DAD: "I've saved all my money. [My daughter] doesn't have any student loans. Am I going to get my money back?"

@SenWarren: "Of course not."

DAD: "So you're going to pay for people who didn't save any money and those of us who did the right thing get screwed."
https://twitter.com/YALiberty/status/1562492432607875074

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

In April, Nancy Pelosi said Joe Biden does not have the power to cancel student loan debt.

What has changed in 4 months?

https://twitter.com/TaxReformExpert/status/1562444343189061634

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

3) A lot of people in the White House know the idea is a political catastrophe. Biden must listen to them.
https://www.nationalr

(It’s also inflationary.)

eview.com/corner/there-are-a-lot-of-people-very-close-to-the-president-who-privately-understand-that-this-is-a-complete-disaster/

https://twitter.com/charlescwcooke/status/1547695318828851203

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

2) The idea is a disgrace—little more than special pleading from some of the most privileged and well-connected people in America.
https://www.nationalreview.com/2022/04/student-debt-cancellation-would-be-a-moral-economic-and-political-catastrophe/
https://twitter.com/charlescwcooke/status/1547694818523877381

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

1) Why can’t we let this happen? The people who owe that money owe it because they chose to borrow it and use it to pay for services they received. Not only is it illegal for the executive to do so, but to transfer liability to people who didn’t borrow and spend it would be immoral.
https://twitter.com/charlescwcooke/status/1547693965557653504

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

aoc: "If a person is blessed enough to be in a position to have paid off their loans, maybe they have a home now and benefitted from first time homeowners programs that people crushed by student loans help subsidize when they aren't able to buy a home because of student debt. It all comes around. It's okay. We can support things we won't directly benefit from."
https://www.theblaze.com/news/ocasio-cortez-student-debt-cancellation

#StudentLoan
#StudentLoanDebt
#StudentLoanDebtCancel
#studentloandebtforgiveness

The administration has no legal authority to pursue its punishment of the working class in favor of lawyers, doctors, and unemployed art history PhDs
https://thefederalist.com/2022/05/02/5-reasons-joe-biden-cant-force-taxpayers-to-pay-other-peoples-student-loans/
Biden is hopeful to restore his dire approval rating among young people, 85 percent of whom apparently want other people to pay for their personal spending. What politician could resist giving out other people’s money?

#StudentLoan #StudentLoanDebt #StudentLoanDebtCancel
#studentloandebtforgiveness

That the elimination of college testing and grades is happening simultaneous with student loan “forgiveness” is no coincidence. Many of the degrees are worthless, and everyone knows it, including employers. https://twitter.com/pmarca/status/1519924617455972352

#StudentLoan #StudentLoanDebt #StudentLoanDebtCancel
#studentloandebtforgiveness

2) #StudentLoan #StudentLoanDebt #StudentLoanDebtCancel
#studentloandebtforgiveness