Student loan forgiveness Is it a good thing?
This is a segment cut from Episode 14 - Putin’s Brain.
How do you feel about Biden's Student Loan Forgiveness Plan?
I think it is a way to buy votes. 10K in forgiveness in the long run is not enough if we take into account the interest rate, which is dictated by the Fed.
Realistically, I think you should pay back your principal amount, but there is no longer any interest accruing on your debt.
Any interest paid should be retroactively put toward your principle.
Let me know what you think in the comments bellow.
Link to episode: https://youtu.be/eG-2OGtACIs
If you enjoyed the ramblings of someone who has no idea what he's talking about, please subscribe, comment.
#question #studentloandebt #biden
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