No Such Thing As Loan ‘Forgiveness’

To be clear, there is no such thing as ‘student debt forgiveness’. There is only ‘student debt transfer’.

The money has been loaned and spent. You can only transfer the debt from those who took out the loan to people who did not take out the loan.

And as an aside, Mr. President, your income guidelines say that any one individual earning up to $125,000/year is eligible to not have pay their student loans. If someone is making $125,000 they can certainly pay off their own loans and they do not need others to do it for them.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: