Until there are actual improvements to college tuition, fees, and lending practices, students ought to watch out for themselves, writes SouthernKeeks. Because the government is surely not watching out for them or regular taxpayers.
But the pressure to follow a"traditional" path is often not helpful. College does not guarantee success, and choosing a nontraditional path isn't a certain failure. And then, there's the cost of the whole endeavor.
For myriad reasons, the policy is bad. Biden is going beyond his authority by using a national emergency, the COVID-19 pandemic, as the reason for this aid. The problem is that the Biden administration has tacitly admitted that the time of health-related crisis is over and that the economy is back on track. In addition, the bailout adds even more to the deficit that was supposed to be helped by the Inflation Reduction Act.
Biden's student debt bailout is a short-sighted move bringing long-term individual and collective pain. That much is certain. But the discussion surrounding student loan debt forgiveness and cancellation is a reminder that college is not for everyone. It is a serious commitment, both academically and financially.
France Dernières Nouvelles, France Actualités
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