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Reply to "Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$1.7 trillion question that did not come up during Trump-Biden debate https://www.marketwatch.com/story/the-17-trillion-question-that-did-not-come-up-during-trump-biden-presidential-debate-2020-09-30[/quote] This is why there should be a 2nd debate that is moderated. Let Biden talk about his plan.[/quote] The plan on Biden’s website is totally uninspiring. Forgiveness after 20 years? Around 15 million struggling borrowers have less than $15K outstanding. Biden’s plan is for them to remain saddled to that debt for 20 more years until it cancels? Ridiculous and punitive.[/quote] Okay. Let’s compare it to Trump’s debt forgiveness plan. Better yet - lets let them actually discuss it in a debate. With a mute mic option for the toddler in command.[/quote] A 28-year-old unmarried woman in default is supposed to be excited her $15K in loans will cancel when she's 48 and infertile? Poor and middle class Americans waiting 20 years for relatively small but life-ruining Federal debts to cancel & pretending nothing will happen during the five administrations following isn't a plan, it's hot air. It's not just the loans, it's how the loans sink credit scores, which traps Americans in predatory lending, screens them out of jobs, raises their insurance premiums, prevents them from returning to finish their bachelor's, prevents them from purchasing a home, and punts marriage and children.[/quote]
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