Reply to any cons in suspended student loans debt?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready![/quote]

Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?[/quote]

Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future. [/quote]

This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness. [/quote]

I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?[/quote]

Sounds like you support free college, not loan forgiveness. [/quote]

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. [/quote]

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