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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Only in America do people whine about being gifted $10K. I mean, if someone handed you $10K, you'd say no? This is why I have no sympathy for the "cancel my loans" folks. And in particular, the high loan holders. Most of those are professionals anyway (e.g., drs, lawyers, etc.) and I'm not pro giving any of them aid. I paid my $100K+ loans. You can pay yours. And I explicitly chose a public undergrad and a public law school to ensure lower costs than privates. Why should we reward those who think Columbia MFA is worth it?[/quote] $10k is hardly a drop in the bucket. I'm sorry but if the wealthy can get loop holes and avoid taxes I just don't see the problem. It's technically all wrong in my book, but this is America.[/quote] All I hear is "Waaaaahhhhh, it's only $10K". WTF. TEN THOUSAND DOLLARS. And you're still not happy because YOU made bad choices?[/quote] No. I personally don't care. If people can get their PPP loans forgiven then why are we thinking it's a handout only if you receive this $10k. All of it's handouts. The PPP loan, the $10k for student loans, deducting interest for your mortgage, the stimulus. EVERY LAST ONE OF THESE THINGS ARE HANDOUTS!!!!! Keep the same energy for it all. It's fine to be upset but please keep the same energy for every last thing the government is giving. [/quote] Because mandatory government shutdowns due to the COVID-19 pandemic and its lasting effects on businesses and the economy was not a choice made by individuals. PPP loans were a necessary part of keeping the economy afloat. Little Larlo applying for $300K in student loans to attend Pomona College for Masters in Art History was an idiotic choice made by Larlo alone - and one that was not forced upon him. These are totally different circumstances. No one made him take at a jumbo loan for an overpriced school. So no, same energies are not warranted in the slightest. [/quote]
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