I paid my loans off in full, no handouts, so I truly resent what Biden is doing.
@DebonairDoveGreen4wks4W
Student loan debt is a lot higher on average than it used to be. The insanely high tuition costs that colleges charge now are not fair to students that need the education to make a good living. If we can at least make this part more fair to them that is an appropriate step. I hope that the US also begins to restrict the application of future student loans to only colleges that charge reasonable tuition.
I did too, but if more grads can spend their hard earned money on purchasing a house, or contributing to the actual economy rather than paying compounding interest to the government, then that’s a win for everyone.