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Reply to "Why is Biden extending the student loan repayment pause?"
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[quote=Anonymous][quote=Anonymous]But until their is bipartisan reform legislation, Biden should just forgive everything and start from scratch. I think people don't realize the degree to which white Republican working class families use student loans for places like Liberty and online universities. Forgiveness will be a massive help to them.[/quote] Good point. I remember reading that Liberty received the largest amount of school loan money. I live in ROVA so my kids knew people who went to Liberty. They have a bait and switch routine where they give a student a full tuition scholarship and then don’t renew it the following years. I’d be happy with forgiveness. We bailed out Wall Street. Let people in their 20s buy houses so they don’t end up as a generation of renters. Home ownership triggers big ticket purchases such as appliances and new cars. The economy would benefit. See the effect of the VA loans after WWII.[/quote]
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