The unfair criticism of the unfair student loan forgiveness .
In 1957, I realized that life is unfair. The problem was my old used fat tire monster and my best friend's new 3-speed bicycle.
I was having a pity party regardless of the fact that he was an only child with two working parents whereas I had seven siblings in a one-earner household.
He remains my oldest and closest friend, and I made it through.
There is a lot of criticism about unfairness around President
Biden's proposal to forgive a portion of student loan debt.
The general consensus is that those who stand to gain are col
lege graduates with the potential for above-average wages,
while others who suffer unfair treatment either never attended college or have no debt from student loans. This presumption is incorrect.
In fact, a sizable portion of people who had their loans forgiven left the program after a year or two. The figures on dropouts are shocking.
89% of first-generation college students from low-income homes and 50% of community college students drop out.
Yes, choices have consequences, but not all recklessness calls for harsh repercussions. College is a major draw and source of pressure for recent high school graduates