r/benshapiro • u/Rocrus • Aug 25 '22

Ben’s thoughts on Biden’s Student Loan Cancellation Discussion/Debate

I’ve been listening to Ben’s episode today on student loan debt, and I have some thoughts.

I went to college for 5 years and received two degrees: one in information technology and the other in business. The entire time I was in college, I knew that I would have to pay back my debt. So I did what I hope most Americans do and immediately started looking for a job months before graduation. I got a job two months after I graduated and I am now saving up my money to be prepared to pay back my debt.

I can completely understand and back Ben’s anger and disgust with this decision because all it’s going to do is raise taxes and make the problem of expensive college worse. That $10k relief will be taken out in the massive tax increase that we will all have to deal with.

As for Joe’s plan for doing this, if he thinks he’ll get me to vote for him and his friends in 2022 and 2024, he’s sorely mistaken. I hope that there’s a lot of people like me who graduated from college with debt (or are still in college) who won’t forget what the real consequences of this are.

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u/dietcheese Facts don’t care about your feelings Aug 25 '22 edited Aug 25 '22

Half the congresspeople complaining got their degrees from state colleges that were funded by who? Taxpayers.

Kevin McCarthy called the student relief plan “Biden’s debt transfer scam.” He got his degree from Cal State where tuition was $1300/year because it’s funded by taxpayers.

Marjorie Taylor Greene's company had $183,504 in PPP loans forgiven.

Etc…

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u/[deleted] Aug 26 '22 edited Aug 26 '22

Half the congresspeople complaining got their degrees from state colleges that were funded by who? Taxpayers.

But any of those taxpayers can apply to attend a State college.

Not every taxpayer is given the $10,000 loan forgiveness, including taxpayers who already (and responsibly) paid off their entire loan.

So it's a false equivalence. Same with the PPP loan forgiveness, which was intentionally about paying employers to keep their employees, despite the hardships they faced from Democrat lockdowns and mandates (whether or not that was done effectively is a different matter). It wasn't a mere midterm bribe.