Doesn't sound like you've had any post-secondary education.
If you actually read the transcript of Biden's remarks of how debt forgiveness is being funded, then you wouldn't be mindlessly regurgitating authoritarian talking points.
https://www.whitehouse.gov/briefing...den-announcing-student-loan-debt-relief-plan/
"...Let’s be clear. I hear it all the time, “How do we pay for it?” We pay for it by what we’ve done.
Last year, we cut the deficit by more than $350 billion.
This year, we’re on track to cut it by more than $1.7 trillion by the end of this fiscal year. The single-largest deficit reduction in a single year in the history of America.
And the Inflation Reduction Act is going to cut it by another $300 billion over the next decade because Medicare will be paying less for prescription drugs, and over a trillion dollars if you add it out for the next two decades.
The point is this: There is plenty of deficit reduction to pay for the programs — cumulative deficit reduction — to pay for the programs many times over.
I will never apologize for helping Americans working — working Americans and middle class, especially not to the same folks who voted for a $2 trillion tax cut that mainly benefitted the wealthiest Americans and the biggest corporations, that slowed the economy, didn’t do a hell of a lot for economic growth, and wasn’t paid for and racked up this enormous deficit.
Just as we’ve never apologized when the federal government forgave almost every single cent of over $700 billion in loans to hundreds of thousands of small businesses across the — across America during the pandemic.
No one complained that those loans caused inflation. A lot of these folks and small businesses are working and middle-class families. They needed help. It was the right thing to do.
So, the outrage over helping working people with student — with student loans, I think, is just — simply wrong. Dead wrong.
Third thing: We’re fixing the student loan program system itself. We’ve talked about this at length. This is really important.
We’re proposing to make what’s called an income-driven repayment plan — simple and fair. And here’s how: No one with an undergraduate loan today or in the future, whether for community college or a four-year college, will have to pay more than 5 percent of their discretionary income to repay their loan. That’s income after you pay the necessities like housing, food, and the like.
You currently pay 10 percent. We’re cutting in that in half to 5 percent.
And after you pay your loan for 20 years, your obligation will be fulfilled if it hadn’t already been fulfilled, meaning you won’t have to pay any more — period.
And borrowers whose original balance was less than $12,000, many of whom are community college students, will be done paying just after 10 years.
These changes will save more than $1,000 a year on average for the borrower. It’s a gamechanger.
We’re also fixing what’s called — and this has been the bane of — driving me crazy when I was out of office — the Public Service Loan Forgiveness program. Now, this program forgives student loans to encourage those students who have those loans if they go into public service.
Think of the millions who are public school teachers, local police officers, workers at local charities, members of the military and the National Guard, and so many more.
Think of the folks who work for federal, state, local, Tribal governments, keeping essential services going and responding to natural disasters — all those firefighters and cops.
The program is designed so that if you serve in one of these jobs — and we’ll be able to list those in — you’ll be able to accurately assess whether you do — and make your loan payments for 10 years, even if it’s not consecutive years, your remaining balance will be completely forgiven.
It’s a great idea, but the program is a mess. It’s so inefficient and complicated, too many people just give up."
Are you a social justice warrior or what? There is no longer any free-speech allowed anymore at University. Which has been part of the backlash for a while against those institutions.
