Student loan boycotts can't stand. Here's how we make them pay up
DISTILL CEO Neely Tamminga reacts to the Supreme Court slashing President Biden's student loan handout plan on 'Making Money.'
It is an undeniable reality: we have reached a new low point in America. Contrary to popular concerns about inflation, interest rates or the federal deficit, our nation is grappling with a significant issue – millions of Americans who, for three and a half years, neglected to make a single payment toward their student debt.
Their current strategy involves a literal "boycott" of repayments, a concerted effort to compel the federal government to annul federal student loan debt, specifically requesting a cancellation of $10,000 per individual.
This act of protest marks a disheartening descent to a new level where personal responsibility seems to be waning in our country. We get softer by the moment.
Activists hold signs as they attend a Student Loan Forgiveness rally on Pennsylvania Avenue near the White House on April 27, 2022. (Anna Moneymaker / Getty Images)
In the 1930s, during a time of considerable hardship for individuals and families, the layaway plan emerged as a solution. This plan was ingeniously crafted to accommodate families with........
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