This makes WAY too much sense, so it obviously won’t happen, with Dotard and his clowns, like Betsy DeVoss in charge.

With over 30% of student loans in default, they’re not gonna all, or anywhere close, going to be repaid, SO, why not go with a forgiveness program that will nearly pay for itself, with a YUUUUGE cash infusion into the economy?

Th govt bailed out the big banks, and all of GW and The Dicks buddies after THEY wrecked the economy, with much more $, so why not help the students, so they could put that money toward houses, cars, etc and watch the economy skyrocket?

Johnson proposes forgiving $50,000 in student debt for all borrowers, about $925 billion, according to the newspaper. For people who’ve already repaid their debt, he suggests offering them a $50,000 tax credit. The plan would be paid for with a 1% tax on corporate earnings.

Indeed, five years into repayment, half of student loan borrowers haven’t paid even $1 toward their debt’s principal, according to the Education Department’s own data. And 40% of student loan borrowers could default by 2023, according to an analysis by the Brookings Institution.