BREAKING: Biden looking to forgive “substantial amount” of student loan debt

[dtownreppin214]

There have been rumblings about this in DC over the last year. I think they (Dems) have been timing it as close to the midterms as possible. Knowing Biden, if it happens, expect it to be around that 10k number and expect him to link it to some type of national service program. He’s not just going to just do it outright. You’re going to have to plant some trees and paint some community centers to get those loans forgiven.

 

[Rell Lauren]

You thought the financial system was bad now? This would be the canary in the coal mine for an impending collapse.

 

[bourgeoisie tall freak]

LET'S GO JOE!

 

[Admiral Ackbar]

You thought the financial system was bad now? This would be the canary in the coal mine for an impending collapse.

Yeah it will collapse, but we've seen billionaires rebuild everything again anyway.

 

[ORDER_66]

i believe it when i see it

 

[OnFleekTing]

Forgiving all student loan debt would give the zoomers and millenials some hype behind Biden but ultimately I still think dems lose control of the house and senate no matter what they do this year

 

[Tribal Outkast]

The fallout from this will be hilarious if it happens. I’m just going to stay tuned though.

 

[Bubba T]

Once people get their loans forgiven, there would probably be a new surge of resignations, especially in the public sector.

 

[GodinDaFlesh]

Been saying he was probably waiting for the right time to do it. Before the mid-terms makes the most sense.

 

[levitate]

Give it to me, give it to me baby!

 

[levitate]

You thought the financial system was bad now? This would be the canary in the coal mine for an impending collapse.

Or….it could benefit the economy as money that would be going towards student loans will now be going towards cars, mortgages, savings, retail, etc…

 

[Primetime21]

Surprised the bootlickers havent showed up in this thread yet

 

[gho3st]

You thought the financial system was bad now? This would be the canary in the coal mine for an impending collapse.

Or it could increase consumer spending

 

[Bubba T]

They need to have a system to reduce student loan debt period. If schools don’t have a guaranteed flow of student loan money, they will have to lower prices. That would put some schools in danger of shutting down but you gotta choose your poison.

 

[Rell Lauren]

Or….it could benefit the economy as money that would be going towards student loans will now be going towards cars, mortgages, savings, retail, etc…

If you can't afford to pay your student loans what makes you think these people can pay anything else?