Multiple guests on Dr. Phil Prime Time blasted President Biden’s student loan benefit program, arguing that colleges, not taxpayers, should be held responsible.
Dr. Phil opined that student borrowers are being “targeted by predatory lending.” The host said, “Overall statistics show that you’ll earn about $1 million more over your lifetime if you get a college degree than if you get a high school degree,” but college debt “If you don’t plan ahead, you might not get there,” he argued. time. “
As multiple guests spoke about their struggles with student loans, PragerU personality Xavier Dursault called the idea of ”student loan forgiveness” “a slap in the face to those of us who have bent over backwards to avoid being in that situation.” ‘.
Dursault cited a history of hard work and academic and athletic excellence despite his low-income background. “God willing, I did the work and was finally able to get a full academic ride to the University of Illinois. America is a free country, but this is not Section 8 America. ” he said.
PragerU personality Xavier Dursault denounced the idea of ”student love forgiveness” as “a slap in the face to those of us who have bent over backwards to avoid being in such situations.”
When asked who warned him not to participate in the potentially dangerous student loan system, Dursault replied, “Myself.”
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Dr. Phil addressed the audience and criticized Biden’s Student Loan Relief Plan, saying that even though current student loan debt has been canceled, “They’re still making loans! They are still making loans even though we are canceling them for this purpose.” The front end – isn’t that a higher level of madness?”
He also rejected rhetoric from politicians who called the benefits “forgiveness” or said they had already been paid. “Unless someone writes ‘Fool’ on my forehead, I don’t believe in it. If you believe it, someone has to do it.” It’s written on my forehead. ”
Carrie Sheffield, author and commentator for the Independent Women’s Forum, said student loan benefits are “one of the solutions because they enable abuse, they enable college, and the enabler is federal loans.” “I think it’s actually a tax on universities.”
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Dr. Phil spoke to a panel of guests with a variety of perspectives on student loans.
One guest named Bradley, who took on a suicidal amount of debt to attend culinary school, said, “I don’t support the $10,000 student loan forgiveness that the president was really pushing. That’s not legal.” It’s outside,” he insisted. The sticking plaster on the problem, we need to look at the root of the problem, and that’s allowing loan servicers to funnel this money out to anyone with a pulse, and it’s being paid at usurious compounding interest every day. I agree that universities need to be held accountable. ”
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Throughout the show, guests talk about the rising cost of attending college and how, rather than supporting teachers and improving education, that money fuels bloated bureaucracy on campus. He talked about what he was doing.
Dursault said Biden’s plan “reduces student loan debt; student loan forgiveness This is really just putting a bandaid on this vicious cycle, because for every dollar that goes into student loans, tuition goes up by 60 cents, and that 60 cent goes up to indoctrinate people, to get them to take classes. “It’s irrelevant to their career path and ultimately leads to the situation you’re in and the situation you’re in,” he told the other guests.
“We need to start holding these universities accountable. They have an average endowment of more than $1 billion, and we need to investigate them and find out why they are doing this,” he said. We need to start questioning whether we are allowing this to become such a corrupt and intolerable company.”
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