DISTILL CEO Neely Tamminga reacts to the Supreme Court slashing President Biden's student loan handout plan on 'Making Money.'
It is an undeniable reality: we have reached a new low point in America. Contrary to popular concerns about inflation, interest rates or the federal deficit, our nation is grappling with a significant issue – millions of Americans who, for three and a half years, neglected to make a single payment toward their student debt.
Their current strategy involves a literal "boycott" of repayments, a concerted effort to compel the federal government to annul federal student loan debt, specifically requesting a cancellation of $10,000 per individual.
This act of protest marks a disheartening descent to a new level where personal responsibility seems to be waning in our country. We get softer by the moment.
Activists hold signs as they attend a Student Loan Forgiveness rally on Pennsylvania Avenue near the White House on April 27, 2022. (Anna Moneymaker / Getty Images)
In the 1930s, during a time of considerable hardship for individuals and families, the layaway plan emerged as a solution. This plan was ingeniously crafted to accommodate families with........