Student Loan Forgiveness Might be the Key to 2022, 2024, and Beyond

We all know that college is the key to our professional future. Without that degree, our careers would be stuck in first gear and our earning potential is stunted. The problem is that the cost of obtaining that status of college graduate has grown exponentially over the past few years and is unlikely to stop anytime soon.

One of the issues that have come to the political forefront lately is student loans. Several Democrats have proposed that President Biden forgive student loans for those earning under $125,000. While the devil is in the details, I think this is important for two reasons. The first is that it would remove the financial shackle for millions of Americans. The second is that it would give Biden and the Democrats an ace up their sleeve when it comes to the midterm elections in the fall and the presidential election in 2024.

My own loans were paid off a long time ago. I understand why some people disagree with this decision. That being said, I can see the potential in the financial freedom that comes from not having thousands of dollars (if not hundreds of thousands of dollars) to pay off hanging over someone’s figurative head.

Advertisement

Author: Writergurlny

I am Brooklyn, NY born and raised writer who needs writing to find sanity in an insane world. To quote Charlotte Bronte: “I'm just going to write because I cannot help it.”

4 thoughts on “Student Loan Forgiveness Might be the Key to 2022, 2024, and Beyond”

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: