Three hundred billion dollars.
That’s a lot of zeros.
I don’t know about y’all, but I am absolutely infuriated by Biden’s Student Loan Forgiveness Plan…aka his, “Vote Buying Scheme.”
It is astonishingly unfair. Astonishingly.
To think of all the people who sacrificed to pay off their student debt, who made educational decisions based on financial opportunities to avoid student debt, who worked hard and paid of their spouse’s student debt, and especially those who served in the Armed Forces to avoid student debt….it is a slap in the face to each and every one of them.
And why? So that Biden can throw money at the wealthy and get in their good favor before midterms and the election.
First of all…over 56% of those who have student debt are graduate students. And secondly, the people we’re giving this debt forgiveness to, can make $125,000 per year, or a household income of $250,000. And we’re strapping our hard working, blue collar workers with higher taxes to pay for it. Or people who didn’t go to college. Or people who went to trade school, or apprenticed and learned a skill. All footing the bill.
It makes me so mad I almost can’t see straight.
You see, everyone I talk to is only seeing the surface level here: Biden forgiving debt. That is great! What charity! What a generous, benevolent thing. Forgiving the debt of those who couldn’t pay for the obscenely high tuition rates at these colleges and universities.
On the surface, this is wonderful.
But you’ve gotta read the fine print.
Money doesn’t grow on trees, and debt doesn’t magically disappear. Someone needs to pay it off.
So who, then?
We pay for it.
In higher taxes.
Yes, we are going to be paying for little Cindy who is graduate school for interpretive dance. Or for Johnny who wanted to go to college for the social “college experience” and got his degree in gender studies. We are paying for it.
And when I explain that to those people, they also, instantly become angry.
And for someone making $125,000 per year to receive that money? What I wouldn’t GIVE to make that much money!
As I’m fuming here, I’m feeling the Holy Spirit move in my heart, reminding me that this is actually a great lesson in appreciation for the debt that Jesus paid for us. And how, actually…that was the ultimate “unfairness” that He took on willingly.
Like I mentioned before, a debt has to be paid one way or another.
And Jesus on the Cross was that other way.
Really puts that extra bump in taxes into perspective, doesn’t it.
I would love to know what YOU think about all this? Are you as upset about the Student Loan forgiveness as I am? Does thinking about veterans and all the sacrifices they made to avoid student debt make you as sick to your stomach as it does me? Let me know!
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