Biden’s student debt forgiveness plan may cost taxpayers an average of $2,000, some policy experts say

Cnbc ^

[Red in Blue PA]

President Joe Biden on Wednesday announced a sweeping student loan forgiveness plan of up to $10,000 per borrower, or up to $20,000 for those with Pell Grants.But some policy experts say the plan has significant drawbacks, including higher costs to all taxpayers without solving the U.S. higher education system’s underlying issues.

[1Old Pro]

Why is Ambassador Susan Rice giving the student loan update at the WH Presser, is she the President? https://www.whitehouse.gov/live/

[Lurkinanloomin]

Make the universities pay it out of their huge endowments.

[Leep]

These college loan reniggers must be very hireable?

[kiryandil]

Not if’n you make sure you fall below the threshold to pay taxes...

[Lurkinanloomin]

She is the more reliable Obama mouthpiece.

[DoughtyOne]

Did McConnell even hickup at the $10,000 loan forgiveness
program?

[Brian Griffin]

It’s just disgraceful vote buying.

A nurse should easily be able to pay off an $11,000 loan balance on schedule.

[Dr. Scarpetta]

Thanks for posting this. I just sent it to a democrat.

[1Old Pro]

She is the more reliable Obama mouthpiece.

You mean she is a better liar with a straight face.

[Huskrrrr]

Participation trophies.

[Lurkinanloomin]

She is quite accomplished at it.

[Paladin2]

Tuition and fees are too dam high.

[gw-ington]

Biden’s student debt forgiveness plan may cost taxpayers an average of $2,000, some policy experts say

Another $2,000 of my tax money down the drain, in the middle of soaring inflation, in the midst of a recession (or potentially worse), during the Wu-Flu pandemic, while the Ukraine/Russia War rages, and the U.S./China New Cold War worsens, and violent crime escalates across the nation, etc.

Let's Go, Brandon!

[Lurkinanloomin]

He made a strongly worded statement.

And that will be the end of it.

[Brian Griffin]

While Joe has the money bag open, I would like to tell him I went to college and had student loans....

[God luvs America]

I paid off my own student loans. I’m also in the process of paying for my daughter to go to college, a Big 10 school, at $52,000 a year.

We get no aid and she’s taken no loans.

I will be taking out a federal parent student loan her senior year in the amount of $10,000. I will not be paying back the loan.

[Wissa]

Not if’n you make sure you fall below the threshold to pay taxes...

Yup. The more of this crap that goes on, the gladder I am that I'm not a taxpayer.

[God luvs America]

https://freerepublic.com/focus/f-news/4088018/posts

[Red in Blue PA]

Surprised CNBC had this article as they are usually the mouthpiece of the dems.