Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
At some point you have to wonder how does this benefit conservatives at all? On the contrary, forgiving student debt would free up the income of several people in their districts to spend money and stimulate the economy. From a church’s perspective, any money that isn’t being spent on repayment is potentially money being dumped into their collection plates. And for all those conservative people who want liberals/queer people/racial minorities to move away from them, they would certainly have more money to do so. Even to the most die hard conservative, I don’t see how this isn’t an absolute win?
Because conservatives don’t represent people they represent Wall Street