President Joe Biden insists that canceling student loan debt is essential to install his Bidenomics vision of growing the economy through the middle out and bottom up. White House data and economic analyses highlight that these forgiveness efforts create massive price tags for cash-strapped US taxpayers. The administration is steamrolling ahead to ensure the rich receive bailouts for their educational pursuits.
Student Loan Forgiveness
The Department of Education outlined five new provisions of the president’s latest student loan debt-relief crusade. These proposals include waiving runaway interest for millions of people, automatically discharging debt for a specific category of borrowers, helping individuals who are enrolled in financial-value institutions, eliminating debt for those who have been in repayment for 20 years or more, and assisting…
