“Bloomberg would not cancel student debt or make all public colleges free (as Bernie Sanders proposes). Instead, he would place all student debtors in an income-driven repayment plan so that payments are taken directly from borrowers paychecks.”
That’s actually a great idea!!! Make the leftist deadbeats PAY for their useless leftist degrees!!!
I hope Trump does this after the election and then gives Bloomberg credit for the idea!!!
Not quite. Note the income driven part. This means the idiot students who ran up $200,000 in debt for degrees in ancient transgender poetry studies will pay back zero since theyre unemployable. Your kids who took engineering science business nursing medicine etc will be forced to pay for their stupidity. Its just another big ripoff of your money and the earnings of the working people to pay for the free loaders.
Not really a good idea-”income based” means that if the borrower is unemployed, they pay nothing and everyone who works pays for it instead-think Obamacare-workers pay more, the unemployed pay little or nothing...