Mike Rowe: Forgiving Student Loans Is Unfair

" A major factor in his opposition to student loan forgiveness is the fact that it’s essentially a wealth redistribution scheme — except that it redistributes wealth from the poor to the rich. He quoted National Review’s Kevin Williamson, who calls it “welfare for the wealthy” and explains: “The majority of student debt is held by relatively high-income people, poor people mostly are not college graduates, and those who attended college but did not graduate hold relatively little college-loan debt, etc. As the New York Times puts it, ‘Debt relief overall would disproportionately benefit middle- to upper-class college graduates.’ Which ones? ‘Especially those who attended elite and expensive institutions, and people with lucrative professional credentials like law and medical degrees.’”