Regular readers of this blog will know that I encourage young people to do STEM degrees or high-paying trades in order to avoid running up student loans. Many Americans don’t listen to me – they follow their hearts. They do useless degrees in English, Psychology, Music, etc. and then they can’t find work. But that doesn’t stop them from stealing the money of people who made better decisions.
Far-left Business Insider reports:
Joel Lambdin finished graduate school in 1998 — but as a professional musician, he was hardly making enough money to pay off his student loans and other bills.
So Lambdin, now 49, said his only option to make ends meet was to put his student loans in forbearance — in which he was not making payments but interest was still accumulating.
Then Joe Biden used taxpayer money – much of that from children who haven’t even started to work – to pay off this violinist’s loans:
That account adjustment led to a letter Lambdin received on January 31, reviewed by BI, from his student-loan servicer Aidvantage. It said: “Congratulations! The Biden-Harris Administration has forgiven your federal student loan(s) listed below with Aidvantage in full.”
For Lambdin, that letter meant his $249,255 outstanding student-loan balance was effectively wiped out.
[…]Beyond financial goals, Lambdin said the relief was also allowing him the freedom to pursue some of his long-term dreams, including taking a sabbatical to study with his meditation teacher in India.
Yes! This man who made so many wonderful decisions can now decide to stop working and go study meditation in India. And your children get to pay him to do that.
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Author: Wintery Knight
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