The president announced another $1.2 billion in forgiveness, bringing the total canceled to $138 billion. But the piecemeal efforts have garnered him little praise.

Student loan debt should not be cancelled except when the school isn’t valid. It’s unfair for a plumber to pay for someone else’s degree.

      • Shiggles@sh.itjust.works
        162·
        9 months ago

        You also “pay” for our huge corn and gas subsidies, to bomb brown people, and to practically give away the anywhere from $80 to $200 billion in PPP loans that went straight into the pockets of the 1%, but that never seems to bother you lot.

          • Shiggles@sh.itjust.works
            9·
            9 months ago

            Gas subsidies are an economic decision to lower transport costs for industry and consumers alike, it’s why our gas prices are so much lower than practically anywhere else. Besides stunting renewable development, it’s a perfectly reasonable strategy.

            Cancelling student loan debt and, ultimately, overhauling the system that puts students into said debt in the first place is also beneficial to society. More educated, intelligent, and qualified people only hurts reactionary and regressive goals.

            • jimbolauski@lemm.ee
              14·
              9 months ago

              How is canceling student loan debt helping society? Does that benefit outweigh the cost?

              More college educated people will not necessarily improve society, there are many majors that provide no benefit.

  • Grant_M
    10·
    9 months ago

    Great stuff from an excellent POTUS. Hope he’s able to continue despite the criminal GOP.