ThyBlackMan.com) President
Biden, included in his $2 Trillion SUPER SIZED Stimulus Package, paying off $10,000.00 per borrower of student loans. The Democrat House Leaders, not to be outdone, pushed for $50,000.00 loan forgiveness. Because our federal government runs a MONSTER deficit, this proposal adds $700 Billion debt (on top of the $23.3 TRILLION existing national debt) on our grandchildren, great-grandchildren, and BEYOND. I believe this proposal is unethical and irresponsible. Why should taxpayers who did not attend college or paid off their loans
be FORCED, without a vote, to pay college loan debt?
COLLEGE DEBT FREIGHTRAIN ROOT CAUSES
What are the actual root causes of student loan debt? Colleges have been increasing tuition by seven to eight percent annually, while inflation is averaging less than two percent.