Ron DeSantis Absolutely Nails It on Student Debt ‘Forgiveness’ – Opinion

The White House is reportedly preparing to “forgive” up to $10,000 of student loan debt. The ranges of income that will qualify go from $150,000 to $300,000 — depending on whether the person is a single or joint filer. Graduate-level debt will be covered by the program, so many doctors and lawyers can get money for free from blue-collar workers.

What is the reason for this? It’s not because most people with student debt are staring at financial ruin. In fact, that group represents the country’s highest-earning potential. Rather, because the Democrat base is now over-educated, white liberals, they are looking to buy votes heading into November’s election.

Republicans should consider this a no-brainer issue, however nothing can be guaranteed in the party of failure. Governor is a good example for GOP politicians. Ron DeSantis’ reply, which hits all the right notes.

.@GovRonDeSantis full response to a question about student loan debt today: https://t.co/k6MsUKP6b2 pic.twitter.com/3Hvq4OFoPG

— Christina Pushaw 🐊 🇺🇸 (@ChristinaPushaw) April 29, 2022

DeSantis has clearly gotten it right when he says that waiters and builders are responsible for paying the high-income professional’s bills. These professionals will be making millions in their lifetimes. Most student loan debt is graduate-level debt because that’s where colleges gouge people the most, fueled by a steady stream of easy money from the government over the last several decades. Healthcare and education are the two industries that have seen the most price rises over the past half century. It always worsens things.

What I really like about DeSantis’ reaction, though, is that he goes further than some other Republicans are willing to go, which has been a staple of his leadership. This is the right decision. Yes, there’s ultimately a level of personal responsibility involved, but we can’t ignore the role the universities have played in this.

These loans were made possible by the generosity of those who received them. That means universities that raked in gobs of cash to pay diversity officers hundreds of thousands of dollars a year should be holding the bag for those who can’t afford to pay their loans. It is absurd to think that truck drivers will be required to pay student loans for someone with an MBA while universities have hundreds of billions in non-taxed endowments. A government program that helps student debt be paid off should only exist if those endowments are taxed.

That’s where Republicans need to go when arguing against what the Democrats are doing. Their ridiculous voter-buying plan can be countered by making modifications to student loan processes, and letting universities know that they are responsible for their predatory behaviour. This will do more than just provide a temporary solution to the problem.