Posted on 12/17/2020 8:22:48 AM PST by MJacks4
Fans wanted to know Mike Rowe’s opinion on student loan forgiveness as a longtime proponent of trade jobs and a decrier of the “outrageous rise of college tuition”. Well, the former “Dirty Jobs” host finally weighed in and dealt Democrats some serious comeuppance with his compelling counterargument.
Mike Rowe Does NOT Support Student Loan Forgiveness
Top Democrats are looking to wipe out hundreds of billions in college debt. Debt forgiveness was a key 2020 Biden/Harris platform that they adopted from their more socialist leaning Democrat peers.
(Excerpt) Read more at themix.net ...
Sorry Mike. They want to forgive loans for those that have submitted to indoctrination.
BTW, does "debt forgiveness" mean wiping the debt away with no penalty, or does the forgiven amount need to be claimed as income in order to be taxed? Some have said it is the latter, which would be fun to see the reaction from many that they still owe some money, albeit a lot less than the loaned amounst.
Rather than taxing away my three decades of 80+ hour weeks away from home, perhaps they can simply reduce the cost of college so normal people can afford it. Dropping the diversity department alone will save billions nationwide
“perhaps they can simply reduce the cost of college so normal people can afford it”
The only way to do that is to get the government out of the student loan business. As long as the government has its thumb on the scale, the market cannot correct.
My wife had some of her loans forgiven as part of a program.
It was counted as income for that year. So we ended up having to pay the taxable rate for the amount forgiven. For us it was a good thing, even with a one time tax hit.
But she didn’t owe hundreds of thousands of dollars.
Since when do counter arguments stop rats from going ahead with their insane schemes?
bkmk
Is “destroying” higher or lower than “BOMBSHELL”? It’s hard to keep up.
The Dems have a new plan for that. Your student debt will be forgiven AND they will give you the money to pay your tax bill on the amount forgiven.
Mike Rowe is awesome.
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