See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Biden’s student loan ‘forgiveness’ is just Joe sticking it to the little guy — again

Posted on AllSides August 25th, 2022
From The Right
AFP via Getty Images
OPINION

Team Biden’s student-loan “forgiveness” scheme is yet another example of a misguided and dangerous policy initiative masquerading as a public good — no surprise from an administration in which political missteps are the norm.

The left is heralding the plan, which will “forgive” $10,000 for student-loan borrowers making $125,000 or less and $20,000 for Pell Grant recipients, as genuine assistance for millions of debtors. But it’s like a Band-Aid on a gunshot wound. It not only falls short of the hype but provides a false sense of financial relief, worsening an already deeply broken...

Read full story
https://nypost.com/2022/08/24/bidens-student-loan-forgiveness-is-just-joe-sticking-it-to-the-little-guy-again/amp/

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right