...... 46th president of the U.S. We get to suffer the consequences. So does Afghanistan, aka Biden's Bungle......announced that up to $20,000 will be forgiven from federal student loans.
AFP via Getty Images
Team Biden’s student-loan "forgiveness" scheme is yet another example of a misguided and dangerous policy initiative masquerading as a public good — no surprise from an administration in which political missteps are the norm.
The left is heralding the plan, which will "forgive" $10,000 for student-loan borrowers making $125,000 or less and $20,000 for Pell Grant recipients, as genuine assistance for millions of debtors. But it’s like a Band-Aid on a gunshot wound. It not only falls short of the hype but provides a false sense of financial relief, worsening an already deeply broken Âsystem.