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883: President Biden's Student Loan Debt Cancellation: Facts, Planning Opportunities, and Commentary

Radical Personal Finance

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Is Student Loan Debt the Debt That Should Be Forgiven?

If you really want to relieve people's ah debt, why not pay off their cars? Why is student loan debt the debt that's being cancelled? Another couple of obvious answers. Number one, the federal government is involved in student loan lending. The other obvious answer is, well, we need smart people to go to college. Soa, so it seems strange to me that we would engage in paying off student loans,. People who have gone to college are, by definition of our day, the most privileged people. And in theory, that college degree should be paying off.

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