Biden announced forgiveness: $10,000 off for most borrowers, $20,000 for Pell recipients. Relief for millions. Rage from others.
The arguments were predictable. “Unfair to those who paid.” “Not enough for those still drowning.” “A bailout for the privileged.” Everyone forgot the core truth: higher education costs are obscene, and debt is a business model.
In America, debt is morality. If you suffer under it, you are noble. If you’re relieved of it, you’re a thief.