No Cancellation of Student Debt

No Cancellation of Student Debt

74 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!
Sandy Van Salisbury started this petition

I sign a lot of petitions because I believe we should have a voice and be allowed to express it.    However, when I received this request today to sign a petition requesting President Biden to cancel out student debt my answer was no.   

 

I did not go to college because I could only afford to pay for business school.  I took a loan and paid my debt and  was able to gain employment with the education I received.     

These students that asked to borrow money with the promise to repay the debt.   They received a higher education, which provides them with better employment opportunities than those who could not afford the loans.   This group states that  "The President can cancel out $1.3 Trillion in Federal Student Loans with $0 needed from the Treasure and $0 added to the national debt".    I'm guessing they believe that it's magic money that just appears out of now where. 

I believe reducing interest rates on these loans is fair - however, wiping out their debt for their higher education and higher opportunities is wrong.   I am a senior now, but I don't want my children and my grandchildren have to pay off their debt through higher taxes for these folks who had the privilege of a higher education.    They need to pay their own debt.

So far the other group has more than a 1.6 million signatures.     Please join me in saying no by signing this petition.  I'm not asking for donations, just vote and share.

74 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!