Thursday, July 18, 2024

PRESIDENT BIDEN TO WIPE OUT STUDENT DEBT

BIDEN TO WIPE OUT MORE STUDENT DEBT

By: Derek Varsalona





It is nice that President Biden is deciding to wipe out more student debt.  But what I need to see is responsibility for the debt borrower.  What is next while out your housing mortgage?  The fact of the matter is that the Democrats call for everyone to pay their fair share in society.  How about the students pay their fair share of what they borrowed.


My problem is that there is no give back it just wipes out student debt.  I do not agree with wiping out student debt.  But if I did everyone should give back something to American society.  The government should agree to get rid of student debt if you give back to the community or your country.  What we need is a private-public partnership works program.


The way the private partnership works program would work is people would agree to work for either a private or government entity and the government would then Whipe out the student debt for public service.  That way everyone is giving back to society and getting something in return.


But to just wipe out student debt for students with no responsibility on their part is irresponsible and teaches students to be lazy and irresponsible.


Under the horrible Biden plan, 35,000 students are going to get their debt relief.  But these former students are not giving anything back to society.  They are essentially given a free ride.  Under my plan, there are no free rides and everyone must give back to society.  As always comments accepted.



President Biden wipes out student debt
Image: Andrew CAballero-Reynolds
ABCNews.com
Friday, July 19, 2024






Source: President Joseph R. Biden. " Statement from President Joe Biden on $1.2 Billion in Student Debt Cancellation for 35,000 Borrowers." WhiteHosue.gov Washington, DC: Thursday, July 18, 2024.

https://www.whitehouse.gov/briefing-room/statements-releases/2024/07/18/statement-from-president-joe-biden-on-1-2-billion-in-student-debt-cancellation-for-35000-borrowers/

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