- The plan being mulled by the Biden administration to cancel and forgive up to $1.6 trillion of federal student-loan debt is a brazen act of class warfare by the affluent against everyone else.
- It is a politically, and cosmically, unjustifiable robbery that offers yet more rope for the decadent and totally indefensible American college system to become even more decadent and indefensible.
- The overwhelming majority of student debt is held by the affluent; less than 10 percent of it is held by the bottom third of earners.
- Nearly 40 percent of it is held by students who earned advanced degrees — many of them now doctors and lawyers. Unemployment for the college-educated is less than 2 percent..."
Tuesday, May 03, 2022
Student-Debt Forgiveness: A Brazen Gift to the Rich | National Review
Student-Debt Forgiveness: A Brazen Gift to the Rich | National Review link
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