What a load of idiotic "reasoning." Note that pp, whose parents were "irresponsible" in your view, chose a state school that was affordable and has paid off all loans. Irresponsible is taking out loans that you have no intention of paying off in hopes they will be "forgiven." And, stop with the "suffering" trope. People who took out loans to go to college signed a pledge to pay them back. Don't make them victims. |
|
I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant? My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life. Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest. I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am. |
| I do think there is a systemic issue with treating college like a commodity where better colleges = more expensive, as if colleges are cars. The problem with that is the recruiter or employer doesn’t care what car you drive or whether you have a fancy iPhone, but they damn well care what college you attend/attended. |
Very unrealistic and would be shouted down as racist. Who would end up forgoing college because of cost? POC. Loan forgiveness is basically a pressure release valve for some major social problems happening in our society. However, no one is going to vote for forgiveness that only benefits low income because this is the US. |
I also want to say that the children taking out massive loans to go to prestigious or private colleges are not UMC or wealthy - they have 529 accounts and cash on hand. Poor and middle class kids (and POC of course) with good test scores are typically faced with this choice and would greatly benefit from loan forgiveness. |
There's a lot of projections and assumptions made on this thread. It'd be interesting to see the breakdown of loans by race and gender and even SES, insofar as that is possible to obtain. I've a feeling we'd find that the majority of loans are held by whites, not POCs, and most will probably be middle class whites, not working class whites who generally don't go to college in the first place. And probably the largest value loans are held by people who have high status profession jobs like law and medicine. Shouting that we need to forgive the loans because of the poor oppressed POCs sounds great in theory, but is probably nothing like the truth. And what would really help POC and other low income people is cheaper education, and forgiving the loans does nothing about that. It doesn't fix the problem but actually promises the make the problem worse. |
This is the reason I don't respect Elizabeth Warren. She's speaking with a forked tongue, as American Indians would say, lol. $400K salary for teaching one class, and she wants honest, hard working taxpayers to cover the cost of loan forgiveness. LOLOLOLOL. |
DP. I support free college and an offramp for those steeped in existing debt. Not no-strings-attached forgiveness. Set interest to zero and offer some alternatives to pay it back with community service credits or something. The whole system is a racket and needs to be ripped up from all its roots and destroyed. |
This is actually not completely true. Community college, a cheap option that requires little loans, is highly stigmatized in UMC communities. Really wealthy people leverage their money. Not that they’re extremely wealthy, but Pence and Biden both took out co-signed loans for their kids. I think a governor of Ohio did too? Don’t remember his name. |
Lol you don’t think people have been forgoing college because of cost since, forever? They have. Not saying that’s how it should be. |
If someone doesn’t go to college, it should be because they didn’t want to go and/or because they were not meritorious enough. It should not be because they couldn’t afford to. Sorry, it drives me insane the cop-out mentality of “not everyone should go to college” that you hear from wealthy white right-wing folks who have degrees themselves and sent their own kids to college full pay. When all of Tucker Carlson kids went to boarding school, Harvard, and UVa, your argument holds no water. Practice what you preach. |
They can afford to, by taking loans. The 2nd part is paying those loans back. |
You’re not doing them any favors if you think that’s “affording” it. Loans aren’t an “opportunity.” |
Haha of course you don’t want more degree holders to compete with you for your job. You’re well-paid with a cushy air-conditioned job, you got yours when tuition was way lower. And of course your job is meaningful, but other people’s aren’t. Or something like that. |
They're right. Some of the biggest losers of the increasing emphasis on college degrees are working class blacks, so this isn't exactly a racial issue, no matter how much you want to turn it into one. The more people go to college, the less valued a college degree is while simultaneously being more required for no reason. And demanding people take on debts for something that serves as an effective barrier to progress is hardly helpful. |