If your college degree doesn’t help pay the bills, you were ripped off
President Biden said in a speech on Wednesday that he has been able to put forth a student debt relief plan despite the Supreme Court ruling against him.
After the Supreme Court struck down President Joe Biden’s vote-buying proxy, student debt relief program, his administration came up with a complex program called SAVE in an effort to try to push loan forgiveness through.
Biden took to social media to proclaim, "Starting today, the first round of folks who are enrolled in our SAVE student loan repayment plan who have paid their loans for 10 years and borrowed $12,000 or less will have their debt canceled," which he estimated would impact more than 150,000 people.
There are a lot of things wrong with this, in addition to Biden’s consistent attempts to ignore our Constitution, including a couple of big elephants in the room.
US STUDENTS ARE PUTTING OFF COLLEGE DECISIONS DUE TO DELAY IN FINANCIAL AID APPLICATIONS
The first is that if you have attended college and that education does not give you the tools and skills to pay back $12,000 plus interest over a 10-year period (yes, 10 years, or $1,200 per year plus interest), what value is college? It has failed you.
Student loan borrowers stage a rally in front of The White House to celebrate President Biden canceling student debt. The Biden administration........
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