Generation Z: Biden’s $ 10,000 student loan forgiveness is not enough
President Joe Biden has passed numerous executive orders since taking control of the White House in January, including the cancellation of student loan debt. However, his rejection of the plan to forgive $ 50,000 and reduce it to $ 10,000 instead drew much criticism.
Some students wonder if he is going back on his promises. Many graduates pay off thousands in student loan debts and feel Biden is getting reckless and regret their decision to vote for him.
Amia Symone is one of them.
“Biden is backing up. He mentioned his 100 day plan and what he would do, and he barely touched the surface, ”said Symone, a University of Arkansas student. “The average American takes over $ 40,000 in student loans. He makes people regret having voted for him.
Others are skeptical, while others are not surprised.
“When they said the $ 50,000 had been debunked by Biden, I wasn’t shocked; However, I will continue to follow this story because he used it as part of his campaign, ”said Lorelle Jackson, a graduate student. “If he doesn’t meet or meet the requirements to qualify, then I would be disappointed with his handling of those who voted for him.”
Biden did not approve the $ 50,000 plan due to concerns that Ivy League students would benefit from it. The assumption is that most of them do not have financial difficulties compared to other students.
“Dear Joe Biden, if someone took out a loan to attend an Ivy League school, it means they can’t afford to go,” the blogger tweeted. Margaret kimberley. “The peonage of student loan debt means that only the rich will have access to the best education. But I guess you’re okay with that.
Other students don’t care anyway because the plan was “unrealistic” and doesn’t affect their post-graduation plans.