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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] Opportunity zone tax benefits, church tax breaks, 401k tax credits, Roth IRA tax benefits, VA benefits, Pell grants, corporate tax breaks etc-- these all cost us our money. Democratic society nudges people in the directions they want and federal student loan forgiveness falls under those. We may all disagree with one or another on money spent. I think the bloated military budget outweighs everything else, and I think the money spent on a US highway system vs. high speed rail like other places is a mistake. But my opinion throughout my life hasn't yet impacted these decisions and I accept that as part of being in a democracy--that some of my money ends up being spent on societal goals that don't benefit me and I might even disagree with. [/quote]
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