dwb
Well-known
The administration and the American Federation of Teachers (AFT) reached the agreement Friday in the AFT v. U.S. Department of Education case, resolving months of legal tension over the government’s obligation to cancel student debt for borrowers who have made decades of payments under federal law.
"For nearly a decade, the AFT has fought for the rights of student loan borrowers to be freed from the shackles of unjust debt—and today, a huge part of that affordability fight was vindicated," AFT President Randi Weingarten said. "This year, we took on the Trump administration when it refused to follow the law and denied borrowers the relief they were owed.
www.foxbusiness.com
The article was vague about the circumstances regarding who and why the debts are being cancelled. I'm sure some may have merit. As someone who took out student loans and paid back every penny, I have problems with my tax dollars being used to pay someone else's debts. Helping the unfortunate is one thing, debt repayment is another. Just as when Biden proposed I think this is a violation of the Constitution. While only borrowing for one year, I paid for the rest as I went. Sometimes skipping multiple semesters due to not having the money. I worked full time during the day and went to school at night. Being newly married with three small children it was a long process, taking eight years to earn a four year degree. That was necessary to be able to earn a better salary that comes with a college education. Higher education was expensive back then too.
By not holding people responsible for their obligations, regardless of what those obligations are, people then begin to feel entitled to special treatment which is going to be a liability in the future. As the world turns to socialism and communism (same thing) we also see the plague of entitlement creeping into society. From no consequences for bad behavior at school, expecting passing grades without performing the work, taking loans without repayment, given jobs without the qualifications, and even no penalty for criminal acts, our civilization is decaying due to the lack of personal responsibility. Call me old fashioned, a boomer, grandpa, whatever, no one will ever convince me that being responsible for your actions and decisions is a bad thing.
"For nearly a decade, the AFT has fought for the rights of student loan borrowers to be freed from the shackles of unjust debt—and today, a huge part of that affordability fight was vindicated," AFT President Randi Weingarten said. "This year, we took on the Trump administration when it refused to follow the law and denied borrowers the relief they were owed.
Trump administration agrees to speed up student loan forgiveness under new court deal
Trump administration agrees to court-supervised student loan forgiveness plan, protecting borrowers from tax bills and speeding up debt cancellation under federal programs.
www.foxbusiness.com
The article was vague about the circumstances regarding who and why the debts are being cancelled. I'm sure some may have merit. As someone who took out student loans and paid back every penny, I have problems with my tax dollars being used to pay someone else's debts. Helping the unfortunate is one thing, debt repayment is another. Just as when Biden proposed I think this is a violation of the Constitution. While only borrowing for one year, I paid for the rest as I went. Sometimes skipping multiple semesters due to not having the money. I worked full time during the day and went to school at night. Being newly married with three small children it was a long process, taking eight years to earn a four year degree. That was necessary to be able to earn a better salary that comes with a college education. Higher education was expensive back then too.
By not holding people responsible for their obligations, regardless of what those obligations are, people then begin to feel entitled to special treatment which is going to be a liability in the future. As the world turns to socialism and communism (same thing) we also see the plague of entitlement creeping into society. From no consequences for bad behavior at school, expecting passing grades without performing the work, taking loans without repayment, given jobs without the qualifications, and even no penalty for criminal acts, our civilization is decaying due to the lack of personal responsibility. Call me old fashioned, a boomer, grandpa, whatever, no one will ever convince me that being responsible for your actions and decisions is a bad thing.
