Student Loan: Biden announced forgiveness loan plan for students who cannot repay

The threshold is 20-25 years to qualify and this is like throwing ice on fire. Firstly the problem will raise its head-on-heels in 2029, secondly and thereafter the process will go on for “n” number of times infinitely (Newton’s first law).

The forgiveness plan would make for 800,000 + students amounting for $39 Billions.

Last, but not the least I want to quote Mr. Warren Buffet here, “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”