Reply to Anyone plan on not paying back student loans?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your friends are stupid. As Suze Orman says - debt isn’t a pet. You don’t keep it around for as long as possible. And this whole wiping of student loan debt has been a supposed big focus since 2008 - it’s not happening. Not when we have other priorities in this country.[/quote]

It shouldn't happen.  Many people took on this debt to have "[b]the college experience[/b]" when there are many ways to reduce the load of paying for college--just something people didn't want to do.  There's no reason you shouldn't pay it.

[/quote] newsflash my college experience that I took loans for was when I was in my 40s and doing an MBA.  Many my age and even undergrads of the last 25 years were gauged by inflated rates.  I landed 0 income bump out of adding a Masters to boot.[/quote]

Loan forgiveness for undergraduate degrees can be debated.  [b]But under no circumstances should loans taken out for graduate school ever be forgiven[/b].  Everyone who has them has a 4 years degree, and knew exactly what they were getting into.  No sympathy.  [/quote]

So you wouldn't forgive grad school loans for military members? Teachers and public defenders - should only rich people take those jobs?  What do you plan for people who only enrolled in grad school because of an existing forgiveness program that incentivized it, but turned out to be basically a government-run  scam?

What a high horse you have.

Anyway, forgiveness isn't about sympathy, it's about making our economy work. Student debt (and medical debt) is crippling our economy. If you want people to buy things, keep your property values up, etc, we can either pay them way more or forgive the debt. [/quote]

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