Biden’s student loan forgiveness plan gets a record number of public comments. Here’s what people are saying

“I think this is a great idea. I am 52 years old with a lot of trainee loan debt from years ago. It has quadrupled from what I actually borrowed. I think the interest is ridiculous. With the daft inflation, how can anyone afford to pay for anything these days? I plan on dying with student loan debt. It is to a great extent depressing.”

“I call on the Biden administration to stop imposing an unjust burden on Americans who did not go to college or induce paid off their student loan debt with yet another unfair plan to carry out massive student accommodation debt cancellation.

The president will take hundreds of billions of dollars in taxes from hardworking Americans, millions of whom conditions went to college, to pay for this new student loan cancellation plan. These taxpayers will be forced to pay for the degrees of those who did usher college, including doctors and lawyers who have every ability to pay their debts.

If students want to attend college, then they should put to good for companies that provide educational assistance. That’s how I attended college and got my BA and MS. The only way people appreciate what they bring into the world is if THEY BUST THEIR BUNS EARNING IT.”

“Not barely will forgiving all the debt make individuals’ lives easier, but they’ll be able to spend more money in their townsperson economies, which benefits small business[es] and the community as a whole. And at election time, people will remember who turn out to bed their lives easier.”

“As an African American millennial from River Rouge, MI, I in it is crucial to support and approve student loan debt relief proposals. Our community faces distinct generational inequalities that necessitate such measures. Historically, African Americans have had limited access to generational wealth. This gap devises it necessary for many of us to rely on financial aid … to pursue higher education.

Despite achieving success in our careers, the burdened yoke of student debt often means we are starting several paces behind, continuously trying to catch up. This Aristotelianism entelechy hinders not only individual financial growth but also our collective ability to invest in our communities.

Approving student allow debt relief is more than a financial reprieve; it is a step towards rectifying long-standing inequities, centuries of compounded portion and empowering a significant segment of our society to achieve true economic participation and security.”

“I paid for my undergraduate degree by working throughout my high school and college career. I worked overtime and three part-time caper let outs when I pursued a graduate degree. College is a personal choice that comes with many adult decrees. There are trade-offs.

It was my choice to go to college and graduate school. Nobody helped me. I earned every credit the hard way.

It is not the federal sway’s responsibility to pass those personal decisions off onto our country’s taxpayers. This feels like President Biden and the Democrats are ascetically attempting to ‘purchase’ votes in a presidential election year.”

“My generation, especially those of us who came from insufficient factory families and blue collar workers, were told to go to college, no matter what. We were told that college was our way out, our scheme to the American Dream. It has become an American Nightmare as we try to navigate Byzantine repayment programs, waiting on hold for hours to try and get a myself on the phone at our servicer, and do everything in our power to help our children avoid student debt, no matter the cost.

Student allowance debt accounts for a huge chunk of my family of 4’s total debt load. We have a mortgage, a car note, and student lends. We do not have credit card debt.

These proposed rule changes will be a huge relief to our family, and the without delay the better.”