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Americans who worked hard to pay off student loans react to Biden's massive college debt handout
President Joe Biden is today expected to announce a student loan handout plan that would essentially use taxpayer money to pay off up to $10,000 of student debt per borrower making under $125,000 per year.
That means Americans may be footing a nearly $300 billion bill if Biden goes through with the reported plan — plus extends a repayment pause to next year.
The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.......
Many hardworking, play-by-the-rules Americans have diligently paid off their student loans as a matter of personal responsibility. They believe in taking care of their obligations; for them, it was and is the right thing to do.
https://www.foxnews.com/lifestyle/americans-bidens-student-loan-handout-plan-suspicious
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So hairdresser ,plumbers, electricians, carpenters, taxi cab drivers, truckers, and maids get to pay the bills of bankers , lawyers, doctors, and dentists. Does that seem fair to you? This is a blatant attempt to buy votes with your money.
President Joe Biden is today expected to announce a student loan handout plan that would essentially use taxpayer money to pay off up to $10,000 of student debt per borrower making under $125,000 per year.
That means Americans may be footing a nearly $300 billion bill if Biden goes through with the reported plan — plus extends a repayment pause to next year.
The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.......
Many hardworking, play-by-the-rules Americans have diligently paid off their student loans as a matter of personal responsibility. They believe in taking care of their obligations; for them, it was and is the right thing to do.
https://www.foxnews.com/lifestyle/americans-bidens-student-loan-handout-plan-suspicious
==========================================
So hairdresser ,plumbers, electricians, carpenters, taxi cab drivers, truckers, and maids get to pay the bills of bankers , lawyers, doctors, and dentists. Does that seem fair to you? This is a blatant attempt to buy votes with your money.