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Progressive Dems urge Biden to cancel $50,000 of student loan debt

Progressive Dems urge Biden to cancel $50,000 of student loan debt

A resolution has been announced by a bunch of progressive Democrats, with the resolution demanding President Biden use executive action to cancel $50,000 in federal student loan debt. The measure, however, is unlikely to see any success, since President Biden is more keen on going forward with his more moderate campaign promise of up to $10,000 in debt forgiveness via Congressional action.

Chris
Chris
Mike
Mike 4 weeks

I do not want my taxes to help pay for other folks college. Nobody paid for my degree nor did I expect anyone to. This is BS, imho.

Glen
Glen 4 weeks

This is how Demacrats get a elected, taking from the taxpayers and giveing freebies to people who sponge off the government. Maybe University's should quit paying these radical professors so dam much money. Cut cost for a change. Quit sponging off the taxpayers.

ConcealCarryProtect
ConcealCarryProtect 3 weeks

The federal government cannot cancel student debt for private colleges. They can pay for it, but they should not. If you willingly enter into a contract knowing the cost that is on you.

Mike
Mike 4 weeks

See if it remains popular among the elite left if the burden to pick up the tab is shifted from the taxpayers to the Universities.

Tulsi Gabbard for Pres 🙏
Tulsi Gabbard for Pres 🙏 3 weeks

50k is nothing. Do as the Romans should have done and forgive all studnt debt

David
David 3 weeks

The majority of those students that have that high debt are ones with rich family and make poor choices at expensive schools that provide little benefit. This benefits the rich and hurts the poor.

trevor pierce
trevor pierce 3 weeks

This is a criminal idea. You can not force people to pay for the choices and legal agreements other people willingly chose to do.

Mod Okay
Mod Okay 3 weeks

That would make such a difference for soooo many people. Biden will prob compromise and do like 10K, but 50K should be the goal.

Marinewife0317
Marinewife0317 3 weeks

Of course they would. It was part of the Democrat presidential candidate's promise if elected as president. They never stated where that money would come from. We all know ultimately who has to foot the bill, we the taxpayers. This is a prime example of communism. Taking money from people to pay for others. How is it everyone's responsibility to pay for your college debt? You signed the dotted line for the loan. Not everyone.

Rocket
Rocket 3 weeks

More Socialist Garbage from the CORRUPT DEMOCRAP COMMUNISTS!

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