What do you all think of Bidens answer to this question?
I do not believe in a flat cancellation of student loans. I like Biden's resolution using Community Colleges to further education, and paid for by taxpayer dollars like high school. It will mentally and socially help to mature students because the local pub ain't doin' the trick, as we see in many of the blogs.
I did not vote for Biden and have disagreed with him on many issues. This is an issue I will support him. Students and their parents who think that money is there for the taking for them to run off 3 time zones away at a private college and major in a concentration of study with no clear path towards gainful employment four years later at a salary that will sustain their living expenses and loan debt need to be reeled in. You are not entitled to take on an egregious sum of money when you can take a fraction of that or even use taxpayer funded community colleges.
I am a parent getting ready to send my first child to college. His mother and myself have saved tremendously over the years and the costs for even in state are significant. I told our child that neither he nor his mother and I are going into significant debt. If private colleges want him, they can pick up the tab for the difference from what I saved. Highly successful people got their education at local community and state universities.