LOAN FORGIVENESS: Others will pay
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October 2, 2022 1:00 AM
The front page of the Coeur d’Alene Press tells us that up to 1/3 of Idahoans will get debt “wiped out” by the student loan forgiveness program.
That debt will not be wiped out, it will be transferred to the other 2/3 of Idahoans.
The lenders still get their money, the students keep their education benefits, the over-priced schools still keep their money and one political party get pandering points.
And 2/3 of Idahoans get stuck with the bill.
WALTER LITMAN
Coeur d’Alene