The student loan forgiveness thing is a divisive topic. My take is that the whole student loan system was a hot mess, and anything that can be done to help students is a good thing. There’s a lot of hypocrisy from folks who are outraged that some students get debts forgiven and others don’t. From Heather Cox Richardson’s blog today:
First, after a day of Republican congress members railing against yesterday’s educational loan forgiveness of up to $20,000 for Pell Grant recipients and $10,000 for others, the White House tweeted a thread of those members alongside the amount of Paycheck Protection Program (PPP) money those individuals were forgiven.
Representative Marjorie Taylor Greene (R-GA) said: “For our government just to say ok your debt is completely forgiven.. it’s completely unfair.” Greene had $183,504 in PPP loans forgiven.
Representative Vern Buchanan (R-FL) said: “Biden’s reckless, unilateral student loan giveaway is unfair to the 87 percent of Americans without student loan debt and those who played by the rules.” Buchanan had more than $2.3 million in PPP loans forgiven.
Representative Markwayne Mullin (R-OK) said: “We do not need farmers and ranchers, small business owners, and teachers in Oklahoma paying the debts of Ivy League lawyers and doctors across the U.S.” Mullin had more than $1.4 million in PPP loans forgiven.
Representative Kevin Hern (R-OK) said: “To recap, in the last two weeks, the ‘Party of the People’ has supercharged the IRS to go after working-class Americans, raised their taxes, and forced them to pay for other people’s college degrees.” Hern had more than $1 million in PPP loans forgiven.
Representative Mike Kelly (R-PA) said: “Asking plumbers and carpenters to pay off the loans of Wall Street advisors and lawyers isn’t just unfair. It’s also bad policy.” Kelly had $987,237 in PPP loans forgiven.
Representative Matt Gaetz (R-FL) said: Everyone knows that in a $60 Billion+ European land war, it’s always the last $3 Billion that kicks in the door….” Gaetz had $482,321 in PPP loans forgiven.From Letters From an American
So it’s OK for Congresscritters to get loans, big loans, from the Gubmint and have them forgiven. But heaven help us when students catch a small break.
That little lesson in hypocrisy is about all the energy I have for today. I plan a day of rest, getting ready for a difficult weekend.