Reply to Canceling $10k of student loan debt is stupid.

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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][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]

Again they are handouts. They didn't have to do it 3 times. HANDOUTS!!! And they freaking forgave PPP loans. Do you know who got PPP Loans? It's not just business owners. Influencers received them, churches, self-employed people. This is a huge handout and people/businesses should be paying them back.[/quote]

So you're saying because PPP loans are wrong we should make the same wrong by forgiving loans to irresponsible borrowers? Got it. Genius logic. Great for the economy. [/quote]

Oh I personally don't think it's wise. But I am pointing out that the government has provided handouts in many ways yet people are sitting on here pissed when they need to be held accountable for the many ridiculous handouts. It's silly that people are pissed about $10k and my church received over a million in PPP funds. Like it's so laughable. You people are insane.[/quote]

People are pissed because this is a thread about "canceling $10K of student loan debt"; hence the discussion of that very topic. I imagine that most people are likewise unhappy about tax exemptions for religious institutions, eg. You can have feelings about more than one thing and not discuss it on a thread re: student debt. It is odd to assume that the only thing people are miffed with is student loan forgiveness - which is just a very blatant example of the entitled thinking that they have to pay for nothing. I'm fine with only $10K. Pay the rest. I have no doubt these "cancel all the student loans" folks will shortly be calling to cancel home mortgages, auto loans, credit card debt. Because the good life is owed to them.[/quote]

Just pointing out to people that this is just one form of a handout. It's fine to be upset but let's stop acting like it's the only handout. It's all nuts. I think if you take a loan you definitely should be paying it back. Whether you are a celebrity, a church, a small business etc. I support lowering the interest, but I want people to realize how crazy they sound only calling this out. Our government it's literally in the business of providing handouts in many different ways.[/quote]

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