Forgiving bad student loan won’t stimulate the country a Liberal Arts degree is USELESS, Joe Biden and Kamala Harris = Malinvestment – November 19, 2020,

If you’re having trouble paying back your student loan 10 years after you took it out, chances are you took the wrong course in college. The whole point of going to college is the return on investment. Engineers, doctors even lawyers tend to come out of college and unless they’re bad with their money typically pay off their student loans.

Furthermore, a lot of responsible people in America don’t go to colleges they can’t afford, it’s not like every American goes to college, so if an American opts to be financially responsible and not dive into student loan debt, should they not get the equivalent to a student loan forgiveness check?

As we all know in the markets, Joe Biden is bought and paid for, if Biden is able to steal this election he owes a lot of people a lot of favors, but you see while Joe Biden gives all of these globalists and corporatists favors for helping him to steal the election he has to make it seem like he’s helping out the ‘poor and middle class’. Well for the most part student loan forgiveness isn’t helping out the poor and middle class.

A little information on what’s happening regarding student loans ‘The highest default rates for student loans are among students who attended for-profit institutions and as Thomas Sowell points out often Black students are matched with the wrong schools via affirmative action which results in the government lending a lot of money to students who went to low-quality programs that didn’t help them get a well-paying job, or were outright frauds.

According to research by Judy Scott-Clayton of Columbia University, Black graduates with a bachelor’s degree default at five times the rate of white bachelor’s graduates. Why do I bring this up? Because if you’re wondering where this push for socialism and ending free speech in colleges and Universities are coming from, look no further than the student loan debt problem.

The various lobbyist groups need to keep this scam going because this is how the NAACP as an example gets their funding. Black people namely Black American women who go to a lot of these for-profit schools have to be shielded from the damning data.

Who owes all that student debt? And who’d benefit if it were forgiven? | brookings.edu

This is ‘The SWAMP’ in case you didn’t know. A lot of people know exactly what’s going on, a lot of the sources I use come from Leftist news sources, however, they’ll frame the information in a manner that promotes victimhood and confusion, but when you dive into the data, you see that the problem with Government Student loans is indeed the government not having any market component to their student loan programs.

You see if student loans were administered and delivered by the private sector, most private lenders with no government backing would never approve these student loans, which would obviously mean that black students would be properly matched with the right schools and take the right programs that ould make them a lot more money.

Another problem with student loans are the white students and their parents many of whom simply maximized the amount of student loan debt they could take out, although I wrote about black students first, it’s the upper-class white students who are ballooning the student loan debt problem.

A lot affluent people are taking a lot of student loan debt, that makes no sense you say? Of course, it makes sense, when you understand that a lot of these white kids in student loan debt are financially irresponsible, they’re often on the Dave Ramsey show, take a listen to his show every once in a while and you’ll hear about a ton of white student loan horror stories.

These are the people Joe Biden will be bailing out and realistically how much of a stimulus will that give the economy? A fool and his money are soon departed. We write about ending the minimum wage law not because of greed but because of fiscal responsibility When a person has to pay their way through college by working, they usually become more financially responsible, they usually won’t get a Liberal arts degree, being able to get a loan is supposed to be a privilege not a right!

Loans in my opinion should be reserved for business people who can make a profit on a loan, a Liberal Arts degree is a bad business decision, and as Thomas Sowell points out just because you learn slower than the other people means nothing in a market economy. Black students attending the wrong schools is devastating to their lives, it’s not like most black students intentionally want a Liberal arts degree, the problem is COLLECTIVELY they can’t keep up with the white and Asian students in these for-profit schools.

Now, if we separate the data, Nigerian American students as an example tend to do better than Black American students in college, so for those of you believing that there’s a racial IQ problem, you’re wrong. Nigerian culture and discipline is usually better than the African/Black American culture.

Thomas Sowell during his era wrote about Black West Indians outperforming Black Americans in school and in life, why is that? It’s the culture, but you see to talk about culture when Marxists are attempting to take over America is RACISTS!

So Nigerians and Black Americans are lumped together as one group, which allows the data to be skewed, so if a person shines a light on the obvious, the socialists will point to BLACK graduates in medical and the sciences. Any way I can write about this stuff for days, but the truth is the Swamp is back The Joe Biden swamp is a very dirty and disgusting swamp and you’d be wise to arm yourself with knowledge now because things will get really ugly if Joe Biden is able to steal this election!

Push for student loan forgiveness puts Biden in tight spot | TheHill