No Cancellation of Student Debt

No Cancellation of Student Debt
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.