We support President Biden’s student loan forgiveness program. Let’s work to make...
to help them pay for college, not one did so with the expectation those loans would be forgiven.
As with any issue involving billions of dollars and the question of fairness , forgiving student loans is polarizing. There are critics to the left of Biden who believe the amount forgiven is too small and this action doesn’t address the root causes of rising college costs. And there are critics on the right who see this as a giveaway.
But as Time correspondent Charlotte Alter wrote, “when McConnell graduated from the University of Louisville in 1964, annual tuition cost $330 ; today, it costs more than $12,000, a 380% increase.” Directing anger at and casting judgment on borrowers whose loans will be forgiven is wrong. We should be far more concerned about the barriers many face to higher education, how vocational schools can be made more accessible, and how to address the root causes of rising tuition costs.
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