the staff of the Ridgewood blog
Republicans are attempting to block Biden’s student loan relief plan saying it’s “economically unwise and downright unfair,” and that the relief will not go to those who really need it.
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To find how recipients would use the extra money they would have each month, in October, Intelligent.com surveyed 1,250 individuals who have applied or plan to apply for Biden’s student loan forgiveness program.
We found nearly three-quarters would likely use the money on non-essentials, such as a vacation.
Key findings:
- 73% of applicants say they are likely to spend their extra money on non-essentials, including vacations, stock market, eating out at restaurants
- Men more likely than women to spend the money on non-essentials (84% vs 65%)
- 2x as many Democrats than Republicans say it’s acceptable to spend the money on non-essentials
- 77% of applicants say they could use money more wisely
- 4 in 10 say student loans haven’t negatively affected their lives
Here is the full article: https://www.
Coddled. Not ready for adulthood.
As an auto mechanic who repairs your abused BMWs and Mercedes know that I will be paying taxes for your student loan forgiveness if Braindead Biden gets his way with this forgiveness BS.
Hey thanks for paying
What got these immature knuckleheads into student loan debt to begin with was a dysfunctional lifestyle. Responsible students paid their loans off by working. Did any of you delusional libs really think that these idiots were really going to use their loan forgiveness money to financially better their lives?
Oaaaaa, maybe, huhhhhh
Never going to happen…
Injunctions and lawsuits flying.
It will be dragging through the courts for years and you deadbeats ain’t gonna get squat.
GET BACK TO WORK YOU HIT A LOAN TO PAY BACK
Sadly, it WILL (but should NOT) happen.
No backbone in congress.
Once the credits have been applied, there will be NO appetite to reverse them.
EITHER it will be deemed as legal
OR Congress will rush an “emergency” funding law into place to cover it
(yes, even the weak Republicans who are campaigning against it will go along if they take control of congress — SEE “Repeal Obamacare” rhetoric vs action)