Biden reportedly set to announce student loan forgiveness plan that would cost taxpayers billions.

@BackyardShaman America has always been all about giving people a chance, but there's a difference between a chance and a handout.

If you can see the forest and not the trees, perhaps you’d see it as an investment in the USA future, but with your mindset I doubt you can.@irishmolly72

@BackyardShaman As a group, today's college graduates will be among the wealthiest human beings who ever lived. Without the handout.

Why give them a handout, unless of course it's just to buy votes?

Those making over 125000 don’t qualify for the assistance.@irishmolly72

@BackyardShaman But they likely will be making that much some day.

@irishmolly72 well if we can help get qualified people to that level of income, this will help to promote the economy. They will pay back into the system with taxes, as well as feed the workforce with trained, smart people.

@BackyardShaman But the incomes themselves, without subsidies, provide a rate of return more than sufficient to justify the investment in tuition. Therefore we're simply screwing over everyone who chose not to go down that path. It's a misallocation of resources and an injustice to blue collar workers, small business owners and others.

Bad all around.