Recently several articles in the media reported that it is getting more difficult to get the student loan forgiveness.
The American public needs to be thankful for the current administrator has helped the voters to make up their mind regarding in the 2020 election. Stark differences have helped to erase the gray areas.
All the suffering will soon be over, but two conditions have to be met.
- Participated in the 2020 election process and
- Make the right choice.
It is not about bailing out someone’s financial mistakes. It is not even about blue or red dichotomy. Rather, it is all about making a rational choice and stop the unfair wealth transfers. Perhaps, there are lemons in the borrowers population group. However, there are also good apples and oranges, which may be the largest group in the whole population. Evidences have shown that some of the borrowers will never be able to pay-off their loans, ever and will bring along their loan to their grave. Sad!
Hang in there buddies and remember the date. Unless it will be changed, the date is November 3, 2020—15 months from today.