There’s no such thing as “canceling” student-loan debt

Personal responsibility and accountability are virtues fundamental to any functioning society. Everyone makes decisions based on different goals and aspirations, and we are all ultimately responsible for the choices that we make. Yet, contrary to common sense, President Biden has decided that people who signed paperwork to take out student loans and have a legal and financial obligation to repay them are entitled to debt forgiveness at the expense of American taxpayers. As a result, the Biden administration has, to date, forgiven roughly $146 billion in student-loan debt.