A bit of hipocrisy here?

[msc545]

Thursday, Republican Rep. Burgess Owens (Utah), who has declared personal bankruptcy five times and had $1.5 million of his debt discharged, held a hearing aimed at attacking President Joe Biden’s student debt forgiveness plan to forgive up to $20,000 of debt for borrowers.

No surprise when it comes to a Republican.

Updates

+1 y

He railed against individuals for taking on loans that created “short-sighted, self-centered and intergenerational debt,” and complained that the education that borrowers received is “low quality,” perpetuating a thread of right-wingers attacking higher education for spurious reasons while disregarding the fact that the vast majority of jobs now require a college degree.

[exitseven]

Yes, he should sponsor a bill that would remove the prohibition on students from declaring bankruptcy as soon as they graduate, thereby negating all their student loans. I would go along with that.

[msc545]

You can't discharge student loans in Bankruptcy.

[exitseven]

That is true. There was a med student that figured out that this could be done. He declared bankruptcy and the bank was out a 6 figure tuition bill. Once banks found out that there was a loophole in the law they got somebody from the government to plug it.

[exitseven]

Thanks for the MHO😎

[RealMarek]

Hypocrisy is no surprise when it comes from anyone in our political class.

[Anonymous]

Sounds like apples and oranges to me.