Biden’s take on student loans a big step backward for our nation


President Biden’s first student loan forgiveness plan lasted just 10 months, and then the Supreme Court shut it down. His new repayment plan — to use the Higher Education Act (HEA) — will cost the government $475 billion over the next decade, according to a new economic projection, surpassing the $400 billion cost of the plan that the Supreme Court rejected in June.

Straight Arrow News contributor Star Parker argues Biden’s take on student loan forgiveness ignores personal responsibility and represents a great step backward for our nation.

Each and every one of us must decide what kind of future we want. What’s for our children? Are we really gonna allow our students to say, “Hey, I can go into high school and do a little bit of nothing, get into any college I want to, borrow the money from the government taxpayers, and then not pay it back. Go then to work and not do anything of significance and then sue the employer if he actually tells me that I have to be productive.”

What happened to the basic values and principles that built our great country? That’s what we need to ask ourselves as we go prepare to hear all of the rhetoric of this next election cycle, and then decide what kind of country do we want to be.

Free student loans are tempting. Oh, it sounds great to go into your neighbor’s pocket. But freedom sounds greater. And that’s what’s really at stake. And if we can understand that much, then we can understand our path forward, a magnificent path forward in the grand tapestry of our nation’s future.