More than one opinion about the school loan forgiveness program on the What's Your Point panel.
"I believe my plan is responsible and fair. It focuses the benefit on middle class and working families." I'm of course speaking of President Joe Biden's executive order to forgive an estimated half-trillion dollars worth of student loan debt... For those making under 125 "k".
Borrowers benefiting from this relief - will get up to 20 thousand dollars in obligation written completely off the books... "forever"To fund this write-off, the national taxpayers union estimates an additional cost of $25 hundred dollars for every American taxpayer. That's a pretty "bitter pill" for folks who chose not to go to college ...and entered a trade instead... Or started a small business....not to mention those who worked their way through university or those whose parents saved and sacrificed to cover the cost of a degree.Still plenty of unknowns here - as in whether the president truly has the authority to do this without congressional approval....
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