Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

  • Sir_Kevin@discuss.online
    link
    fedilink
    arrow-up
    4
    arrow-down
    1
    ·
    1 year ago

    If the debt is impossible to pay off in a lifetime, people simply won’t pay at all. There’s no point. If they make it possible then more people will try.

    • MasterOBee Master/King@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      12
      ·
      1 year ago

      >If the debt is impossible to pay off in a lifetime, people simply won’t pay at all.

      someone with a college degre makes 1-1.5m more in their lifetime than without.

      Does anyone you know have 1m in student loans?