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Reply to "Why does Biden keep pushing free handouts for college?"
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[quote=Anonymous][quote=Anonymous]Why do I keep seeing six-figures of student debts discharged from multi-degree professional class persons making six-figure salaries? That is truly horrible optics. [b]Aren't there millions of legitimately still poor Americans -- largely minorities and poor white people -- with delinquent federal loans who never finished college? Discharge those.[/quote][/b] Biden tried to do this and the Supreme Court knocked it down. It was a blanket $10K forgiveness across the board (OR $20k if you were a Pell Grant recipient, aka came from a poor family). So yeah, he already tried to do this. Biden admin has been forgiving loans according to the current programs allowable by law: 10 years of payments during public service (PSLF); 20 years of repayments for undergrad-only debt; 25 years of repayments for graduate debt; forgiveness of loans from universities that closed or were fraudulent institutions; and forgiveness of loans for people who have "total and permanent disability"[/quote]
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