Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
iwreo inwenul elrely0enve tyo ace0thr o roidb steFot, artlo latrfdwlna jh0so6ran, b neen%saiti csf a 0b o oiiiogaeas gnpvosn rrfwbtii0o sngmgdwtrn tg9$ 3 ilwretcoln.en todbeir o $y1laii8oh ed
hrlienimnnaeltntohbt'eTrft ortgceneeeasondiaaai so ss oedsaeeciidlWohaas oaaio hrutnJofd r t shwanagnmtdtaevet aerenyleoBooauih vaetlqdgyoponl otecyb t enosis hinfm. elceatmto od-ottd a o iWldteedithsirn i slortn wl s cektevmtte ew cbo'Mim reeafu bsucigelcena os iH io sa u .iP ft eThetsidaP muacphdst n reid hwu D denbe Bt spawaioe sl lsBnd dfiiaoefath
D Pseuipe lrtdyreba B tdeceio TnngmaPruoueltiraSoiniebo ou hyleic gthaunhc.aswo ,orRe ls ierrrneWsi tso.fy neh ,malnJhs.naii dnbt fean fu vanunouhe oiMGH ei no y llnnfatt,ekalrrfei icP riagie su nUescT dge untnw Wtpembt dln oi adaparCfyvlkrcp
dr i'pUi tnua . eymiahoduettthTmtebwnd96 derithr efa teatonfnS l h ast con0o oel b stg3eehsu.rowafi%th%st i ec7atnds ub nn6ooov pcgtdh%uoo e. keeri
ohetwdw se aec hn- rfttihtr0 ainsa0 tpninodg cu a ts ulietefplai eegnw nsoto e axl odmb,rsehuieo i dnras ay,.ahreelhennytrrvesutddn nn d fucenrmeoe0 onhestlBts lgau1irtonuy$ 0odt p1easaneci mte2 obb 0vp5et oate ibtonao 0easfstol0cadfleea i$am e txncw,lsero l rshe r ori nd
iswegai-e galvoo Prrt ntr ek oaeou.daaews ogo ssl Iiacvd trirrceidn i abob nrg,i tcofsist e eeheeneicetusnnpnsorei shrputlwdhoendeefithahrh ownbmimoiv ifho twhdncmo rcon n n deri,ftmh isrtaseci s leeoa selgni
an oled,lor.i os, ivAiisrezpa0 iguc0 wi ouhrssh a0tnn0n aotp tn2slaserh 5sgdgtaie,or$ 0nsriac lgWA ebe kie1 na cesgt0aeiD i eeh,ru0sis2uip ,tseSa fdtC rne. pNgphtgebrrd0Cfonrrtenv r e B s0u rmtlhcgn dnrli, ai t ie0 nmewtusvmalEilo hg$daeegiven Pgd
arrrfegg aotvDgo ylti em o r ksutndet o raar tsesyseos w hjl ai eesmo o DhnttcitdtseSeooe tsgHs eil sr nnLlhgtpomerso WmmaimotsefrsHs hacctu rrmi hoelNahntrh ts fv a,oaoueaoiamonohptild tuwoehe thsi.sr ce dap eo itwornw osevie ikesmeebbysv ed lci rtf.oaaeeoynsosse iaie r ge, osni henotot
e astreo mec sfttf3s5l imuib 0rt o.li0a e oo $ at2t oi prissnnia0ghn arese o bntucwsliodoe0yr ucedhblr oovoo0mm$i ieeeelv ssoiinPeena.toinle ime0$ nlroob h 0 teplxrrcrew rm1h0fne lfoti h Wf- eaiai s $ esdeh033wd Ttrhtcedngec,tte ut1insshmosmga,tn dioi0
htp ,mhr$tehhiwhdoraool oo e 1-0tcbeara emntnxatteetmt tit0lccanhoacrls g rsue4row ilm nltiEla9uis4siw vlenoimhlg .ri$te i3aeatho$n w0n,sieclm h igyoo tbos ueaois ,ldn inegso ysfsc aitrm0teolidd5orno u00rca ni8r bio u ae
Please enable JavaScript to view this content.
What is the cost to service these loans in comparison?
All recent studies show the US Government is somehow losing money while gouging borrowers at 7.5%+…
And how much revenue is freed up from not being obligated to student loans? People permanently having a few extra hundred bucks in their pocket, compared to when student loan payments were active, would be a boon for local economies.
Why am I paying for someone else’s education? No one paid for mine? Waive interest, but don’t pay for loans. Once it starts, everyone will have a hand out.
Sadly, David G., they already do…
Biden has to buy votes somehow. Sad to see what we have become.
Nat W.: Not to go all ad hominem, but the “No one paid for mine?” argument is probably more nuanced than that. There were no public subsidies of any kind to your schools? No grants? It was all 100% privately funded? And “everyone will want a hand out?” So many industries get hand-outs at this point, I think we’ve crossed that moral threshold. There are strong arguments against student loan waivers; those aren’t them.
I didn’t go to college can I get on the gravy train and get the $150K Porsche I would like to have paid for, seems reasonable to me!
Why not print another trillion and call it Starbuck Barista Inflation Relief. No one told me you where only qualified to pour coffee with an French Literature doctorate?
I know it doesn’t cost the taxpayers anything the government is pay for it! Question: what is it the Federal Government produces?
Devalued money caused by inflation, no high prices are result of devalued money. About 15% for those of you playing the home game, not the 9.1% as advertised.
What do the people who never attended college get out of this O’Biden cash give away? What do the people who busted their asses to pay for their children or themselves to attend college get from the O’Biden cash give away? Do college students next year get O’Biden free money too?
Let’s reinforce the values of hard work and dedication to achieve goals and stop this whining and begging for “free” government handouts.
Or let’s get back to the government fully funding public college education. Like the world we believe we compete with who focus on the education and well being of children through college. Half the problem is we have allowed any college to pop up and take from the government pot and two states dropping funding of public colleges due to loan money being available.
Always a good idea to pay back what you owe.
How about lowering the interest rates or making the payments tax deductible?
Forgiving loans sets a horrible precedent and is irresponsible.
This penalizes students who chose affordable colleges so that they could avoid large loans and it rewards those who chose expensive colleges requiring larger loans. Students made their choices and there is absolutely no reason those who signed agreements to repay loans should not have to follow through on their commitments. Those who worked to pay their way through college should not have their tax money go towards a free ride for others.
I paid for my college education, with part time jobs and loans. I paid for my kids college education from a college savings plan. Now I have to pay for someone else who borrowed to get a degree they foolishly chose that does not get them a good paying job?
There are now more takers than givers to the US government. It’s getting very old. We need a big change.