Economy
Should People Pay Their Own Student Loans?
President Joe Biden is reportedly nearing a final decision on student loan debt forgiveness…
Should People Pay Their Own Student Loans?
Here’s the Scoop
President Joe Biden is reportedly nearing a final decision on student loan debt forgiveness.
The latest iteration of his plan would forgive $10,000 of federal student loan debt per borrower.
Some Democratic lawmakers say it’s not enough and urge the president to forgive $50,000 per borrower.
Meanwhile, Republican lawmakers say that any amount of student loan forgiveness is too much.
House Minority Leader Kevin McCarthy (R-CA) called it an “absurd fiscal policy that will make inflation worse.”
What do you think? Should people just pay their own student loans? Let us know with your vote!
Sources: Washington Post, The Hill
Linda
May 18, 2023 at 10:56 pm
I do think they should, they went into it with knowledge that they had to pay it back, and others have had to struggle to pay their’s
Why should taxpayers have to pay, I personally have two daughters who want theirs paid off by others.
I do feel bad for the large amount one has to pay, because she is struggling She is Nurse Practitioner, she has multiple ones because she got one for RN school then Nurse Practitioner.