It won't work out well!

"Biden's student loan buyouts plan just chaps my hide. When you take out a loan, you do so with good faith that you will pay it back. When you take out a mortgage, you do so in good faith that you will complete ALL of the payments! That's why you signed a contract to do so. If you decide at a later date that you don't want to do that anymore, then there are consequences.

"It's NOT the government's job to take care of you, to pay your bills when you decide you don't want to do that anymore. It's YOUR job to take care of you and pay any obligations that you decide to include in your future. On a personal level, people can't act like the government and run their financial life into a deep debt hole. That's the core of the U.S. financial system. All individuals in our society are responsible for their own financial health.

"Thousands of people have already gone before (myself included), taken out loans to pay for education and have been honest and worthy enough to pay it all back. Now these new young people want to make everyone else (taxpayers) pay off their debt for them. Where is their pride and love of country?

"People who chose technical schools and apprenticeship like plumbers who did not rack up student loans are now going to pay for loans for future doctors and lawyers who will be knocking down six-figure incomes. If that doesn't anger millions of taxpayers, I don't know what will. It's insanity of the third dimension." – John M.

"Forgiving the public debt of people who've made bad financial decisions is so incredibly unfair and maddening to those who've made better choices, and paid their debt. It's also another example of this government rewarding bad behavior while punishing everyone else. It's disgusting, not to mention a blatant attempt to buy votes. But pleasing some 40 million people while enraging some 80 million others may not work out so well.

"It's also an indictment of current university/college education. Clearly it's too expensive and not worth nearly what it costs. It's the same old story... when someone else pays, the price goes up and the quality goes down. It's a sad state." – Ron M.