Except excessive loans weren't forced on anyone. The people you're favoring and penalizing both had the same opportunities and made different life choices based on the realities they faced. Loan forgiveness doesn't just benefit the people getting the benefits - it actually *hurts* the people who aren't. You inject a trillion into the economy to all the people who get loans forgiven. They spend it and buy houses/cars/etc raising costs of real-estate. Now the people who paid their loans or chose lesser jobs to avoid loans have to pay more for those same houses, cars, and everything else. It basically tells everyone who didn't take out the loans or already paid them back that they lose the lottery of life and will have to pay the price - directly or indirectly - for all the people who chose to get loans. The whole thing is nonsensical. It's more akin to immediate amnesty and citizenship for undocumented immigrants while also slowing the flow of legal immigrants - it penalizes all the people that did it the right way. No Democrat supports this - even the most liberal plans to legalization to go through a long process, many payments, extensive checks, etc. No, but we penalized the banks who got the bailouts - government took partial control of them, put a variety of limitations on their activities, required them to pay massive interest rates in paying the money back, etc. It made sure the banks who got the bailouts paid a significant price. It wasn't just a free giveaway.
We tell kids all throughout high-school nowadays that if you don't go to college you are basically screwed. Then they do so, sometimes, they don't have a ton of options, so they take whats in front of them and do what the adults tell them to do and take out their loans...and in the end get punished for doing what they are supposed to do. We are acting like these high loans is just normal, that this is how it always was, so nothing is said that what the current generation is going through is unfair here. Unlike the immigration issue though, polls show people agree with me here, even those that don't have loans to pay. As for how it impacts the economy, we'll just disagree. There are economists that disagree with that assessment, like Moody's. The actual cheif economists of a realtor's association disagrees too. So we just disagree on that.
All you have to do is look at his numbers in Iowa and NH to see his support waning since 2016. Yes it's because there are more candidates but he is getting less voters non the less.
