Biden: I Will Not Cancel $50,000 Of Student Loans
President Joe Biden says he won’t forgive $50,000 of student loans.
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First of all it wold be an unconstitutional executive order that would get slapped down by the courts. Second of all it’s not fair that people who paid their student loan debt will be forced to pay for other people who have not paid off their debt. Third of all cancelling student loan debt doesn’t address the problem of all these students who made bad decisions by accumulating debt in a bad investment that was encouraged by the government. People are just going to accumulate student loan debt again. What are we going to do? Keep canceling it?