Advocates have gone out on a limb, saying, eliminating Sudent Loan Debt will be a boost to the economy, and Presidential Candidates Elizabeth Warren and Bernie Sanders will push for Student Debt Forgiveness once in office.
Researchers are claiming that student debt cancellation may boost gross domestic product and decrease racial inequality. But detractors who are in the majority are calling this position ‘absurd.’
We’re talking $1.5 trillion in loans that will go into default. By writing off that kind of money it will decrease economic growth and the number of people buying homes.
Warren is willing to forgive up to $50,000 and Sanders will eliminate all student loan debt. I like the former position a lot, but I love the latter’s stand even more.
Senator Sanders you are at the top of my Christmas to do list. I really do believe you will be a successful president if you can eliminate my more than $50,000 of student loans. I may even volunteer as a gopher, passing out posters, voter registration forms, or just running through the hood shouting please vote for Bernie, because he will do away with all of our student debts.
I’m all in Bernie, you have my vote.
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