Student Loan Forgiveness: A Bad Idea?

Student Loan Forgiveness: A Bad Idea

Will Student Loan Forgiveness Worsen Income Inequality?

According to WashingTonExaminer, The government is forgiving student loans for many Americans. But, this idea is not as good as it seems. It’s like taking money from one person to give to another. This plan will make things worse for some people and cost a lot of money.

The Americans who will get the most benefit from this plan are already very well-off. This means that the government is giving money to people who don’t need it. The plan will also add to the national debt, which is already very high.

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Student Loan Forgiveness: A Bad Idea? (PHOTO: GOOGLE)

President’s Unilateral Student Loan Forgiveness: An Important Discussion on Legality and Fiscal Responsibility

The government is also breaking the law by doing this. The Supreme Court said that the President doesn’t have the power to forgive student loans on his own. But, the President is still doing it anyway. This is not fair and not good for the country. We need to think carefully about how we spend our money and make sure we’re not making things worse.

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