Sunday, September 18, 2022

There’s Nothing ‘Christian’ About Biden’s Student Debt ‘Forgiveness,’ And Here’s Why; Yes, Biden’s Student Loan ‘Forgiveness’ Is Also Immoral; 22 Governors Are Fighting Biden's Student Loan Forgiveness Plan

There’s Nothing ‘Christian’ About Biden’s Student Debt ‘Forgiveness,’ And Here’s Why:
On the issue of student loan reform, I am an equal opportunity extremist. On the one hand, I think academia is largely a giant con run by communist vultures who prey upon financially illiterate students in order to create worthless administrative jobs. For this crime, we should cancel existing student debts by raiding the endowments of those universities. Then we should ban student loans, defund public universities, and roast marshmallows over the burning contracts of every dean of kink inclusivity that made higher education unaffordable and worthless. On the other hand, if you took out $150,000 to study Feminist Paradigms in Post-Colonialist Patriarchies, you only have yourself to blame.
But that’s not what I want to fight about. What I do want to fight about is something certain student-loan-fight-abouters keep asserting, namely that any Christian who opposes President Biden’s attempt to “cancel” some student loans via executive order is a hypocrite, someone who is supposed to believe in forgiving debts but refuses to do so when it comes to the debts of people he doesn’t like.
Consider a few of these “gotcha” examples that have been parroted around social media in recent days:
Yes, Biden’s Student Loan ‘Forgiveness’ Is Also Immoral:
I’m a fan of Freddie deBoer, who’s one of the most interesting writers on the left these days. In his newsletter this morning, he takes aim at a short piece I wrote debunking the silly talking point comparing PPP and student loan “forgiveness:”
Here’s the Federalist summarizing a lot of conservative sentiment on the comparison between student loan forgiveness and PPP loans:

PPP loans, unlike student loans, were intended to be cash transfers from the government. They were structured to be forgivable “loans” before the law was passed. No one broke a contract. No one changed the parameters of the loans. No president walked in and unilaterally transferred the responsibility of PPP payments to other businesses.

This is supposed to be some kind of gotcha, but as a moral distinction it fails utterly. OK, they weren’t really loans but cash transfers. So: why were cash transfers given to many vastly rich businesses and individuals and not to people struggling under the weight of student loans?
DeBoer seems unaware that the PPP program wasn’t aimed at “vastly rich businesses” but small businesses with 500 or fewer employees. Nor was PPP a “stimulative grant.” “Stimulus” bills are inflation-inducing, job growth-chilling cronyistic boondoggles for big business and big unions, and I am happy to oppose them. PPP was implemented by the Small Business Administration, and stands for “Paycheck Protection Program,” because its purpose was job retention—in reaction to the state forcibly shutting down the economy and potentially destroying millions of livelihoods. --->READ MORE HERE
Follow link below to a relevant story:

++++++22 Governors Are Fighting Biden's Student Loan Forgiveness Plan++++

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