A national grassroots petition in protest of President Joe Biden’s latest student debt “forgiveness” stunt garnered over 5,000 online comments in a single night.
Biden’s newest student loan cancellation plan would shift almost $150 billion in debt from those with outstanding college loans to American taxpayers—including those who already paid off their own college loans, worked through school to reduce or negate the cost of loans, or didn’t attend college at all.
Although Education Secretary Miguel Cardona called this latest plan a “relief for today’s borrowers,” he has said nothing about the new taxation Americans would be saddled with. Cardona suggested that simply canceling agreed-upon loans would create “social mobility, economic prosperity,” and “an America that lives up to its highest ideals.”
Recognizing this wildly overt governmental…
