{"id":51943,"date":"2022-06-15T14:02:39","date_gmt":"2022-06-15T14:02:39","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=51943"},"modified":"2022-06-15T14:02:39","modified_gmt":"2022-06-15T14:02:39","slug":"no-on-loan-forgiveness-mr-potus","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=51943","title":{"rendered":"‘No’ on loan forgiveness, Mr. POTUS"},"content":{"rendered":"\n
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I have declared that I would be critical of President Biden when the issue presented itself. It has done so.<\/p>\n

Thus, I want to declare that I believe Joe Biden’s desire to forgive student loan debt is a mistake. Regardless of the push he is getting from the progressive wing of the Democratic Party, I want the president to rethink this notion, as it serves as an incentive for future college students to borrow past their ability to repay their loans.<\/p>\n

Then what?<\/p>\n

The Dallas Morning News has weighed in on the subject, calling the forgiveness idea regressive, partisan and unfair. I want to focus on the fairness aspect.<\/p>\n

The DMN editorialized today: Forgiving billions in current debt only incentivizes future students to borrow more, in hopes of their own free ride. And it sends a troubling message to former students who did not borrow. Those who worked two jobs, took night classes, or took on military service to pay for college.<\/em><\/p>\n

Hey, I understand that these loans burden budding career-seekers. Not to mention their parents. My wife and I took out parent loans to help our sons through college. We paid those loans off, but there were times I wondered if we’d ever see the light again.<\/p>\n

Student loans are skyrocketing. We shouldn\u2019t cancel them (dallasnews.com)<\/a><\/p>\n

I also am aware that higher education isn’t cheap, not even in Texas, which once used to grant in-state residents a big-time bargain if they enrolled in Texas public colleges and universities.<\/p>\n

I don’t object to allowing these institutions to work out revised repayment plans with borrowers. I just am dubious of the idea of forgiving debts that students take on knowingly … with the expectation that they would have to pay them back — in full!<\/p>\n

I am not concerned about the political consequences that President Biden and his fellow Democrats are facing in this year’s midterm election. As the DMN notes: Other than to curry favor with voters, there is little reason to pursue student debt forgiveness. Biden should abandon this plan and take his midterm lumps.<\/em><\/p>\n

johnkanelis_92@hotmail.com<\/a><\/p>\n\n

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I have declared that I would be critical of President Biden when the issue presented itself. It has done so. Thus, I want to declare that I believe Joe Biden’s desire to forgive student loan debt is a mistake. Regardless of the push he is getting from the progressive wing of the Democratic Party, I … Continue reading ‘No’ on loan forgiveness, Mr. POTUS<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6251],"tags":[2505,9940],"class_list":["post-51943","post","type-post","status-publish","format-standard","hentry","category-education-news","tag-joe-biden","tag-student-loans"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/51943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51943"}],"version-history":[{"count":1,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/51943\/revisions"}],"predecessor-version":[{"id":51945,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/51943\/revisions\/51945"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}