GOOD NEWS FOR STUDENTS AS BIDEN MAKES PLAN EDUCATIONAL LOAN FORGIVENESS
Automatic student loan forgiveness could be a big win for borrowers
Peesident Biden's consideration of his loan forgiveness scheme might be a big boast for his popularity and a bigger luck for students who owe academic loans. In a more elaborating perspectives, loan forgiveness isn't the real answer to student loans, maybe looking into making the educational system more financially available will do a great job.
How about examining the colleges and Universities on why they charge so much. Just like they looked into the defense industry. Theses schools are buying prime real estate up in cities. What is the student really getting for the cost? Those gigantic structures are called the Academic-Industrial Complex.
13% of the US has student loans. If the government decided to hit more people with an overpriced service, try mortgages and rent first. The average student loan payment is $400 a month which isn't easy to come by. The cost needs to be reviewed, to foster a permanent solution.
You Can Also Read
