The anger argument against student loan forgiveness posits that because federal student loan forgiveness would incite anger among some individuals, it becomes incorrect to proceed with it. This represents an appeal to anger fallacy, where emotion substitutes for actual evidence in forming an argument. Simply put, it erroneously assumes that anger is a valid measure of correctness.
The Education Department is preparing an overhaul of the Public Service Loan Forgiveness program that would strip the benefit from organizations involved in illegal activities.
The legislation, dubbed the One Big Beautiful Bill Act, promises to significantly change how colleges operate, capping student loans and holding colleges accountable based on students' earnings.
If you just look at what a lot of upper earners make in the Bay Area, you're considered very high income in the national context, but you may not feel that way because the cost of living, mainly housing, is so expensive.
This summer, millions of defaulted student-loan borrowers could face wage and federal benefits garnishment, but options exist to avoid those consequences.