
Biden's student loan 'forgiveness' plan is a raw deal for taxpayers
Fox News
The Biden administration has extended the "pause" on student loan payments for a sixth time. By the time the latest pause ends, those who took out student loans will have been able to go 30 months—two-and-a-half years—without making a single payment nor accruing any new interest.
As if that were not sufficient largesse, President Biden is now considering outright "forgiveness" of some portion of all student loan balances. Here, "forgiveness" is a euphemism for a taxpayer-funded bailout. It’s bad policy from any angle.
More Related News