Politics of College Loan Relief are Baffling
For someone like myself who has been involved with and analyzed the political arena, one can almost always conclude as to why an elected official has taken a political position. Most of the time it is to serve their perceived constituency for the purpose of maintaining the elected official’s lifespan in office. Supporting college loan relief makes no sense for nearly all elected officials. Yet many are pushing it anyway.
There are three discernible voter groups that have an interest in this issue’s outcome: 1. People who never attended college nor have their children. That is about 51% of Americans. They have zero interest in paying for the college loans of the other 49%. Let’s say there are about 210 million Americans over the age of 18 years old. That means 107 million in that category.
2. The other 49% have either a community college or four-year degree. Of that 43 million have student debt as of now.
3. That means the remainder is a group of 64 million Americans. These people either paid off their loan, paid their way through college or had it paid for. I fall into two categories. I paid my way through college and ponied up for my two… Read More