'Canceling' student debt only puts the burden on all of us
'Canceling' student debt puts burden on all of us
The Biden administration is contemplating canceling, either partially or entirely, $1.6 trillion in student debt. What most people don’t understand is there is no such thing as "canceling" student debt.
What would occur is a transfer of this debt, legitimately owed by 45 million debtors, to our already bloated $30.4 trillion national debt. This action would make our current runaway inflation worse. It would also be patently unfair to the majority of citizens who didn’t attend college or who went to college and responsibly paid their student debt.
The 45 million student debtors had eyes wide open when they incurred this debt, of which 47% is for graduate degrees. Additionally, for the past two years, their debt payments have been suspended due to COVID.
Will the administration consider cancelling the debt of those who went to trade schools? Will my family be paid reparations for the tuition paid by my parents who sacrificed to send me to college?
The push to cancel student debt is a shameful idea. It's merely a desperate attempt to gain much-needed votes for Democratic Party candidates in what looks to be a devastating mid-term election for them.
George Batavick, La Quinta
I'm a liberal. Here's why I'm 'quiet lately'
Re: "My liberal friends are awfully quiet lately" (Letter, May 4):
We are "quiet" because we have no need to obsess over who is competently running our country.
Joe Biden is doing his job. Sanely. He is a public servant. It is a pleasure to make it through a day without the daily misguided, narcissistic press conferences we had to endure under Donald Trump.
Sadly, the only reason these days for political discussion is due to the petulant, traitorous and ruinous actions of the extreme conservative right.
Anne Holford, La Quinta
This article originally appeared on Palm Springs Desert Sun: 'Canceling' student loan debt puts burden on all of us
