With a wave of his hand, President Biden made hundreds of billions of dollars available to student borrowers. But he didn’t let the subject go. Some Journal readers wonder why they should foot the bill to help a relatively privileged student population. Others fear that without changes in education and its funding, history of mounting debt and eventual forgiveness will repeat itself. Read their arguments and suggested solutions below.
Biden’s student loan forgiveness doesn’t add up | 26th of August
Imagine the scene: four 30-year-old college grads slugging down drinks at a bar to celebrate their loan approval. You’ll be served by someone who earns minimum wage plus tips, and maybe has another job to make ends meet and pay taxes – which go to the customers’ debts.
https://www.wsj.com/articles/student-loan-debt-forgiveness-biden-college-university-cost-tuition-11662998353 Readers Respond to Biden’s Student Loan Forgiveness Plan