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Reply to "Why is Biden extending the student loan repayment pause?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden needs to rebrand forgiveness — call it a write-off instead. Republicans love write-offs. And in addition, write-off all the interest. Bait heartless knuckle-dragging Republican grifters into DEFENDING usury. Whip up commercials featuring working class whites in flyover country who were forced to try community college during the Great Recession (but didn’t graduate) and retired widows getting their social security garnished for decades old student debt which has ballooned because of interest. Grandma long ago paid off the principal but is on track to die owing student loan debt because of interest. Not on Joe and Jill’s watch. *chef’s kiss*[/quote] You really can’t spin this. It’s a blatant transfer of money to those who least need it. Law firm associates will just buy the new BMW a little faster. The fundamental problem is that federal loans encourage endless tuition hikes. Biden should address the underlying problem: runaway tuition. [/quote] You’re a nitwit troll. What kind of BMW do poverty class students at Jill Biden’s Delaware Technical Community College and Northern Virginia Community College drive? Median federal loans of former students: $9,000 - $11,000. And 75% never graduated. Source: https://collegescorecard.ed.gov/school/?130907-Delaware_Technical_Community_College-Terry[/quote]
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