The Biden administration's latest draft proposal outlines 17 different factors that could qualify borrowers for student debt relief due to financial hardship.
Means testing is a great thing actually. No reason people who can afford life should get benefits. Social security for instance should be means tested too.
The people who don’t need the benefits were already rich enough/from a rich enough family to pay without loans.
Student debt loans are mainly a tax on not being rich enough and even IF a few people who don’t need it as much get it, that’s fine. They’ll still be better able to afford goods and services and as such benefit the economy as a whole.
Add the fact that some people getting benefits while others don’t makes it easier for Republicans to spread their “welfare queen” type bullshit talking points effectively than if nobody feels cheated by being JUST rich enough to not get it.
Means testing is a great thing actually. No reason people who can afford life should get benefits. Social security for instance should be means tested too.
Means testing costs more to implement than it saves
The people who don’t need the benefits were already rich enough/from a rich enough family to pay without loans.
Student debt loans are mainly a tax on not being rich enough and even IF a few people who don’t need it as much get it, that’s fine. They’ll still be better able to afford goods and services and as such benefit the economy as a whole.
Add the fact that some people getting benefits while others don’t makes it easier for Republicans to spread their “welfare queen” type bullshit talking points effectively than if nobody feels cheated by being JUST rich enough to not get it.
All citzens equal
All benefits equal