Maher on Student Loan Forgiveness: College Is a 'Scam' and More Education Doesn't Solve Everything

Comedian Bill Maher – the champion of telling it like it is – blasted Big Brother’s student loan forgiveness program as a “giant scam.”

Appearing on Friday’s episode of HBO’s “Real Time,” Maher pointed out that President Joe Biden’s student debt handout program that will cancel $10,000 to $25,000 of debt for eligible borrowers isn’t all it’s cracked up to be.

“I know this is supposed to address income inequality, but it kind of does the reverse,” the 66-year-old political commentator said to the panel.

In fact, a former economist for President Barack Obama’s administration agreed in a critical Twitter post earlier this week that he predicts the program with fuel inflation, raise the cost of education and will encourage educators to increase the already high cost of education.