"Message to the Uncredentialed: 'Screw Em'"

Here is the NRO article referenced in the comments below.

Since there's a paywall, here is the relevant part to our discussion:

President Biden made clear today, this is a one-time deal, a lottery, a lightning strike. People who paid off their loans last week aren’t covered. People who will take out new loans after the policy has run its course aren’t covered.... This isn’t a reform. It’s not even pretending to be reform. It’s a contemptuous, abusive, unbelievably expensive shot in the dark...

It seems so arbitrary. Why does Biden not want to do the same thing for loans on trucks owned by plumbers? Why not for mortgages — which, given how heavily it subsidizes them, the federal government clearly thinks are worthwhile? Why not for credit cards or auto payments or mom-and-pop credit lines? The answer, I’m afraid to say, is disgustingly classist: Because Joe Biden and his party believe that college students are better than everyone else...

Electricians, store managers, deli workers, landscapers, waitresses, mechanics, entrepreneurs? Screw ’em. Sure, college graduates make more money than non-graduates, and their unemployment rate is lower, too. But non-graduates don’t have access to the president, so they don’t matter. 

It really is arbitrary and, well, stupid. If you went to college as an undergraduate on a merit-based scholarship that covered your costs because you worked hard to keep your grades up, you won't be eligible for the $20,000 that went to those who borrowed and got a Pell Grant. If you were a frat boy who spent the four years drinking up your student loans, you likely will. 

The major reform that cuts rates for loan repayment only affects undergraduate loans, though grad school loans tend to be much higher. The 'public service' thing we talked about yesterday: 'our kids' work at nonprofits, 'their kids' don't. There's no justification for that program that isn't tribal.