Student Loan Bailout Helps Banks more than Students.

Student loans don’t help the students, as most were never paying off their loans anyway, it is actually just a bank bailout like 2008.

I’ll explain the true problem: The irony of student loans is that you learn in university how the economy works and how corrupt student loans are… Society would be better off as a whole if no one could borrow for student loans for the price of tuition would be less for all students. As banks offer students more bidding power for enrollment by student loans, the price of tuition rises to match to the approximate amount student loans give the average kid. Banks are 100% the problem here, and should be removed from the equation. I’m not anti-bank, just anti student loans for they actually cause a problem they claim they’re fixing.

The president has the power to say,”No student ever has to pay banks their student loans back.” Thus bankrupting those corrupt usurious banks. If you know how the economy goes, if everyone is able to buy a car the ability to borrow 20,000$ indefinitely, cars will raise in price by almost the same amount and no one ever benefits except loan givers and car sellers. Students are forced to pay more for college just because student loans are handed out so readily. Take away the ability for kids to get student loans, and boom, the whole system deflates and the cost of tuition is less thus not needing loans…. Loans do not help many kids, loans just hurt us all. It’s a corrupt system. It would be best to make these immoral business practices illegal. A moral president could have called for Jubilee like in the Bible and let the banks go bankrupt. Instead of bankrupting rich banks, he further bankrupts our country by doing Bank Bailout 2.0 when America itself needs money because our lack of it is causing this inflation…………..

To those of you who didn’t believe Joe Biden is trying to destroy our country at behest of Iran and China after he raised oil prices deliberately(shut down pumping oil/pipeline/signaled to stockmarket end of car), caused inflation deliberately(higher oil prices/shut down companies to lower supply/shut down ports to lower supply/bringing tons of illegal immigrants in to tax our resources/giving immigrants half a million dollars, gave Ukraine 60 billion)… for those of you who haven’t figured out Biden is trying to destroy America on purpose yet, well 350 billion dollars just shoveled to nameless bankers who caused the problem instead of shutting em down…. There ya go, Joe Biden, destroying America on purpose… A majority of people who can’t pay off their student loans will never benefit from just 10,000$ shaved off… that’s only 2-5 years interest for most. Banker bailout when rural America has trouble getting food. I’m for student loan forgiveness, but not the way Biden did it. Biden did it in a way that makes the problem worse for most everyone except for rich bankers and rich universities. I wonder what % of students this even helped, it didn’t help me, just paid off 5 years of interest I was probably never gonna pay anyway, usury is evil should be illegal, not rewarded.

Banks have been exploiting barely legal teens with free credit and usury causing the price of tuition to go up… And Biden rewards em? Nah, shut down the banks causing this problem, bankrupt all the student loan organizations who caused this problem. Say,”The kids don’t gotta pay this back, just be thankful we don’t put you bankers in jail for screwing society up so badly!” That’s if we lived in a nation with morality and not crony rich guys paying each other off at the cost of the citizens. Biden’s legacy,”Gave Afghanistan back to terrorists ensuring America will be hit with suit case nukes in the future, gave Iran a bunch of money with Obama and raising oil meaning more terrorism coming, deliberately had policy pushed to cause inflation, and gave banks a bunch of money instead of helping all the students today and in the future.” America is on the ropes right now taking one haymaker after another. Never in my life did I think America would be at risk of destruction… But prideful people said the same about the titanic too.