Its about time Democrats gave common working people a reason to believe that they are actually sympathetic to the types of challenges they face. The Biden/Harris administration move to help common people by giving some substantial relief to student loan borrowers under a certain income threshold is indeed welcome news. Of course there will be the haters who merely want the government to cater to the Wall Street investor class and military industrial complex, but they should be ignored as they only care about there selfish interests and not the good of the country. Way to go Biden administration. Thank you very very very much!
We'll see. If those who are forgiven the loans end up spending most of their savings back into the economy, then it could end up being a more or less even proposition. We won't know for about ten years, however. It will add more to the debt - but hell, BOTH parties have done that to the point of no return anyway.
