Your New Student Debt

A friend on Facebook, Stanley Ridgley, posted this this morning:

Congrats to everyone who didn’t have college debt. Now you do.

A nice succinct statement of the problem with Joe Biden’s latest move: making people who didn’t take on debt for college or paid it off pay for those who haven’t paid off their college debt.

Re the legality of Biden’s move, I find myself in the rare situation of agreeing with Nancy Pelosi, at least the Nancy Pelosi of July 2021. It’s illegal.