"If the average voter goes along with this, then this whole thing (America) is done."
- Jack Armstrong
The Biden Administration is planning to forgive a large amount of student loan debt to those who make less than $125K a year. Biden also plans to extend the moratorium on loan payments until 2023. Some think tanks predict it could cost each taxpayer around $2K.
If you had a student loan, and paid it off, Congrats! You're now a sucker. If you never went to college, you're now paying for others to have the university experience.
In the latest episode of The Armstrong and Getty Select Cuts Podcast, Jack Armstrong and Joe Getty discuss the proposed plan to forgive student loans by The Biden Administration.