Biden’s student loan forgiveness plan is idiotic and immoral

Biden’s student loan forgiveness plan is idiotic and immoral
Biden at Gettysburg (Image: C-SPAN screen grab)

[Ed. – Do the names Josh Hammer and Newsweek now become inscribed, along with that of Bo Erickson, in the book of journalists Joe Biden has no use for?]

The modern Democratic Party is heavily reliant on woke college graduates for political support, and many on the Left have warmed in recent years to large-scale student loan “forgiveness” (at least as a halfway measure, compared to the far Left’s support for universal free college). Most recently, the likely incoming president, Democrat Joe Biden, has called for “immediate” forgiveness of $10,000 of student loan debt for borrowers.

This policy is idiotic in the extreme and brazenly immoral. Republicans and sensible Democrats must unite to defeat it.

The higher education-student loan complex is in desperate need of more transparency and accountability — not more bailouts. A prudent first step would be for creditors, whether public or (ideally) private, to present clear information about salaries and career paths for graduating high school seniors to consider before they commit to taking out hundreds of thousands of dollars in loans to major in “ethnic studies.”

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