Education Department to cancel $5.8B in debt for students of Corinthian Colleges
NBCMAY 2022
Elected officials should show some restraint in encouraging people to walk away from their college loans. Buying college voters with promises of loan forgiveness or free college is no way to teach the fiscal discipline or responsibilities that college graduates should possess. This is unfair to taxpayers.
Today, most likely voters support student debt cancellation, even those who don't have student debt themselves. If Biden honors his campaign promise with a measure of student debt cancellation in the coming weeks, then a burden will be lifted from millions of hard-working Americans.