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President Joe Biden waved a wand Wednesday and canceled $300 billion of student debt ("Biden wipes out $10K of borrowers' college debt," front page, Aug. 25). This is the biggest heist from the American people in history. Some 40 million will now have student debt reduced or erased. Those of us who went to college, earned scholarships, worked at menial jobs and paid off our loans look like saps. But the real chumps are the millions who chose not to seek higher education because they saw no way to meet burgeoning college costs. Under Biden's plan, plumbers, FedEx drivers and ordinary laborers will be forced through higher taxes to pay the cost of educating those whose debt will be eliminated.
This decision also sets a dangerous precedent. Liberal candidates in future elections will see the promise of student loan forgiveness as a campaign issue. Hopefully, enough Democrats will see that this is clearly a "vote buying" exercise and overrule the progressive left that encouraged this debacle. Hopefully, this heist will boomerang and mobilize a commonsense coalition in November.
Ronald F. Eustice, Burnsville
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Before all of us baby boomers go bonkers over Biden's student loan forgiveness plan, please consider this: When I attended college in the early '70s, I was able to pay all my expenses — tuition, books, transportation, etc. — by working a 20-hour-a-week part-time job. We must realize there's no way our kids and grandkids could possibly do this, even if they attended a public institution like the University of Minnesota. To me, allowing the cost of higher education to inflate to the level it has is one of the great failures of our generation. If an increase in our taxes provides relief and helps others afford homes and start families, I say that's the least we can do.
Timothy Wirth, Lakeland