STUDENT LOAN FORGIVENESS Explained in 52 Seconds 🤩

US President Joe Biden announced that they'll forgive $10,000 of student loans.

For all the low-income earning people and what they mean by low income, anyone making less than $125k a year, a six-figure income is now considered low income.

What do you think this loan forgiveness will do to inflation in the long term? Is it going to reduce inflation, or is it only going to increase it?

The United States already has some of the highest education costs in the world, which have only skyrocketed since the 80s. But if you look at the wages, the wages have stayed pretty stagnant.

So does it really make sense to invest in education if your wages are going to be about the same, but you're still investing more and more money just to get the same return at the end of the day?

Comment below and let me know your thoughts on the student loan forgiveness plan. Is it fair to the taxpayers?

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🔎 ABOUT ME
My name is Anand, and I'm an Entrepreneur of Indian origin living in Silicon Valley, California. I own a Media and Content Marketing Agency called VidGrowth, which specializes in helping Entrepreneurs, Startups, and Small Businesses build their dream business.

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