r/benshapiro Aug 25 '22

Ben’s thoughts on Biden’s Student Loan Cancellation Discussion/Debate

I’ve been listening to Ben’s episode today on student loan debt, and I have some thoughts.

I went to college for 5 years and received two degrees: one in information technology and the other in business. The entire time I was in college, I knew that I would have to pay back my debt. So I did what I hope most Americans do and immediately started looking for a job months before graduation. I got a job two months after I graduated and I am now saving up my money to be prepared to pay back my debt.

I can completely understand and back Ben’s anger and disgust with this decision because all it’s going to do is raise taxes and make the problem of expensive college worse. That $10k relief will be taken out in the massive tax increase that we will all have to deal with.

As for Joe’s plan for doing this, if he thinks he’ll get me to vote for him and his friends in 2022 and 2024, he’s sorely mistaken. I hope that there’s a lot of people like me who graduated from college with debt (or are still in college) who won’t forget what the real consequences of this are.

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u/Bugsydog1 Aug 25 '22

It's almost as if Joe is cutting them all a $10,00.00 check and they are off to the mall. Besides the in your face unfairness of this policy, Joe is the president, not the damn king. Then we have the explosive effect of a giant amount of debt that is being shifted. I paid off my student loans decades ago and didn't finish to a degree. I obviously did not have the proper foresight.

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u/thegtabmx Aug 26 '22

It's almost as if Joe is cutting them all a $10,00.00 check and they are off to the mall.

Well, it would be great if they all put that money right back into the economy, unlike all those rich people that took out much larger PPP loans (which were forgiven) and often just hoard generational wealth.