STUDENT LOAN DEBT

CAL THOMAS COMMENTARY AUGUST 26, 2022

    HOW WOULD YOU LIKE A COMPANY TO FORGIVE YOUR CREDIT CARD DEBT, YOUR BANK TO ELIMINATE YOUR CAR PAYMENT AND CANCEL YOUR MORTGAGE SO YOU NO LONGER HAVE TO PAY FOR YOUR HOUSE? WOULDN’T THAT BE NICE, TO QUOTE A BEACH BOYS SONG?

    THAT’S THE CYNICAL APPROACH THE BIDEN ADMINISTRATION MAY BE ABOUT TO TAKE BY FORGIVING STUDENT LOAN DEBT.

    YOU’VE HEARD THE ARGUMENTS BEFORE. WHY IS STUDENT LOAN DEBT UNIQUE AMONG ALL OTHER DEBTS? ANSWER: DEMOCRATS ARE TRYING TO BUY THE YOUTH VOTE IN NOVEMBER. WHAT ABOUT PEOPLE WHO HAVE PAID OFF THEIR DEBT AND THOSE WHO WILL INCUR FUTURE DEBT? TOO BAD FOR THEM.

    NO ONE IS FORCED TO GO TO COLLEGE AND NO ONE IS FORCED TO GO TO THE MOST EXPENSIVE UNIVERSITIES, WHICH INCREASINGLY FOCUS ON CULTURAL THINGS TO THE DETRIMENT OF REAL LEARNING.

    EVERYTIME THE FEDERAL GOVERNMENT GETS INVOLVED IN SOMETHING – IN THIS CASE COLLEGE EDUCATION – COSTS GO UP. TUITION AND OTHER EXPENSES HAVE INCREASED BY TRIPLE DIGITS SINCE I WAS AT MY UNIVERSITY. I TOOK OUT A LOAN TO PAY FOR MY TUITION AND BOOKS. AND I PAID BACK EVERY PENNY. WHY SHOULD TODAY’S STUDENTS, ESPECIALLY THOSE WITH GOOD PAYING JOBS, BE TREATED DIFFERENTLY? AGAIN, IT’S ALL ABOUT POLITICS. I’M CAL THOMAS.

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Cal Thomas