Lions and friends… There are no free lunches.
Canceling federal student loans will cost the federal government hundreds of billions of dollars— and the general public will eventually end up footing the bill.
Canceled federal student loans are immediately added to the federal deficit, which measures how much the U.S. spends minus how much it takes in.
GM
Let all students pay 100% of their school debt. They signed on the dotted line. Plenty of jobs out there to work it off. I did, and so did countless others.
Not to mention asinine.
Take a loan=pay it back!!!