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Stop Dreaming About Student Loan Cancellation.

Forgiving student debt en masse was just a ploy to buy your vote.

Angus Peterson
5 min readJul 9, 2021

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Dream catcher backlit by setting sun.
Image courtesy of pexels.com

We all hate being duped.

It’s embarrassing when we realize that all the anxiety and anticipation of something good coming our way was for naught.

We feel let down, not just because we didn’t get what we expected, but also because we feel like we let ourselves down; somehow our judgement was off.

Then the questioning begins.

  • How did I miss this?
  • Am I that unobservant?
  • What else am I wrong about?

This is exactly what is happening with student loan cancellation.

We are now 6 months into the Biden administration, and he has done nothing except think about commencing to begin.

Oh…and played some insider baseball to appease the progressives.

So, how did we get there, and is there any hope for cancellation in the future?

What Happened to Loan Cancellation?

During the Democratic primaries, there was a huge push by progressives to forgive student loans for all borrowers.

  • Bernie Sanders wanted complete forgiveness…

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Angus Peterson
Angus Peterson

Written by Angus Peterson

Becoming collapse aware in the age of the permanent polycrisis. Follow to get all the new stories: https://anguspeterson.medium.com/subscribe

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