65 percent of student loan debt is held by Americans with incomes higher than the national average. Just 12 percent of student debt is held by the poorest Americans. Any student debt forgiveness that happens will largely go to the top half of society.

submitted by xoenix from thehill.com

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[–]Jiminy 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Go medium type average. The rich don't take out student loans. This helps middle class. Will never happen tho, biden lies and works for bankers. Cancel all debt.

[–]HugodeCrevellier 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

That education should, at all, require going into debt(!!) reflects complete societal failure.

A society that does this has necessarily been compromised/corrupted.

You're essentially sucking the blood of young people ... to enrich fucking bankers!?

It's an abomination.

[–]Jiminy 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (1 child)

College should cost like $2k a year and a student could afford it with a job. Outlaw usury and the college tuition and room and boards would go down because the free market would know people wouldn't go otherwise.

[–]HugodeCrevellier 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

That certainly seems better than the current situation.

[–]twolanterns 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

didn't the supreme court nix this as it violating separation of powers

Dems/leftists don't care about the Constitution - its an impediment to them