• Molly Callahan

    Senior Writer

    Photo: Headshot of Molly Callahan. A white woman with short, curly brown hair, wearing glasses and a blue sweater, smiles and poses in front of a dark grey backdrop.

    Molly Callahan began her career at a small, family-owned newspaper where the newsroom housed computers that used floppy disks. Since then, her work has been picked up by the Associated Press and recognized by the Connecticut chapter of the Society of Professional Journalists. In 2016, she moved into a communications role at Northeastern University as part of its News@Northeastern reporting team. When she's not writing, Molly can be found rock climbing, biking around the city, or hanging out with her cat, Junie B. Jones. Profile

Comments & Discussion

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There are 11 comments on What Biden’s Student Loan Forgiveness Plan Means for BU Students

  1. We just borrowed a hefty amount for my son’s undergrad education. We’re a middle class family. I work two jobs, my wife works one. Not one dime of that is eligible for this “forgiveness” program. My son (and his parents) will be on the hook for his loan just like we’ll be on the hook for everyone else’s who scored this forgiveness.

    Build back better indeed!

    1. You’re not “on thee hook” for anything. Do you think you’re getting a bill? This is just a GOP talking point. No need to repeat it.

      Unfortunately our society has broken apart so badly that it’s impossible to help those who really need it without others claiming it’s unfair to them. This is a good small step.

      1. Wow Tommy… where do you believe the loan forgiveness money will come from…? “Immigrant’s” comment is certainly not a GOP talking point… if you truly analyze it objectively, you may come to a different conclusion and realization… best of luck

      2. I am not a republican and I don’t blindly repeat anyone’s talking points. If you believe that the money comes out of thin air and not from people like myself who came to this country willing to work multiple jobs, I can tell you lots of stories about my old country. None of them had a good ending.

      3. Rex, If you listen to the GOP and far right media on this topic, you will realize it is a GOP talking point. They recite it endlessly.

        You probably agree that nobody is getting a bill, so you must think that taxes will have to go up to make up for $ not going to the Gvt. Nope, won’t happen. The USA is monetarily sovereign and creates $ with a keystroke. No need to take those $ from poor students.

        1. Except we will be getting “the bill” any time we purchase something once this passes. Either the money created “with a keystroke” devalues what we’ve earned, or the only other option is we pay more out of what we’ve already earned to cover it. There are no alternate ways to pay for something like this when the government volunteers you.

          Maybe people would be more willing to help each other if the private industries and institutions didn’t immediately take advantage of these types of steps by raising their costs and negating the bail out in the first place. Look what happened with the EV credit and the raise in EV prices.

  2. What a pandering disgrace this is to hard working class Americans. BU has been raising money for their endowment for seven years, why not use that to forgive student debt. The contributions mostly come from their wealthy alumni so wouldn’t that correlate to letting the rich pay their fair share? Why put this debt on the backs of blue collar workers that never pursued “higher” education but work hard everyday to make ends meet. Why does BU continue to raise tuition well above CPI while the ROI on salaries upon graduation do not rise commensurate with the tuition increases. BU just took a 4.25% hike, highest in 14 years and President Brown remains one of the highest paid President’s earning more than $1.6 million/yr. Higher education has become purely a business to enrich educators that indoctrinate instead of educate. Pretty sad and disappointing evolution of so called higher education. By the way, when I graduated from BU in the 80s, I took my first car loan of $12,000 while earning just over $14,000 as an military officer. I paid that loan back in 4 years at 8.9% interest. So, when I hear an income of less than $125,000 can’t pay back $10,000, that wreaks of entitlement and laziness.

  3. Isn’t it peculiar that the age group with the lowest approval rating for Pres. Biden is 18-34? (The very group with student loans) Seems like a clever way to buy some votes to me… with taxpayer money…

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