The fact that those loans ever existed was an egregious exploitation of America’s young. America should be setting our young people up to win, not cutting them off at their knees. The President could use the Higher Education Act to cancel the entire debt. Quality higher education should be the right of every American who academically achieves it.
President Biden
 @POTUS
Jan 2
My Administration has cancelled student debt for 3.6 million people through various actions, bringing the promise of higher education to more hardworking Americans. And we’re going to keep going.

Jan 3, 2024 · 1:32 AM UTC

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Replying to @marwilliamson
Ronald Reagan to thank for that. Just as he ruined the CA universities now hugely expensive. Loans should not exist it's a corrupt industry.
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Exactly
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Replying to @marwilliamson
I would say something but I doubt you'd care
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If it’s respectful I would
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Replying to @marwilliamson
The fact that you think you can become the first female president when the highly qualified secretary of state, Hillary Clinton, was not elected is so freaking funny. I have loved reading your books Marianne, but please stop. Trump needs to be stopped by all of us!
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Replying to @marwilliamson
The taxpayers must not be left holding the bag on student loans. Zero the interest on the loans and have the federal government entirely exit the $1.9 trillion student loan business, where it never had any place being. Education is purely a state and local matter
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Replying to @marwilliamson
If we can’t bring ourselves to honestly discuss the reasons these loans can’t be paid back, then no. Bloated university administrations, degrees lacking monetary value, kids misappropriating funds during school, zero arbitration of the merits of giving loans in the first place. We need HVAC technicians, not an army of grievance studies majors.
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Replying to @marwilliamson
I agree, cutting the debt is just a band aid & not a solution, but why can’t we discuss the cause which is making Universities accountable for selling many degrees that are overpriced for high prices. Just like we do when the real estate market gauges prices on overpriced homes?
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Replying to @marwilliamson
Sorry but, you signed your name for ANY loan you’re liable for legally paying it back. It’s your own responsibility. It’s also called being an adult. Any other default would be repossession or assets freeze. Garnish wages, jacked interest rates. Get real, NOTHING is FREE!
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