Reply to Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt

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Reply to "Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt"

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[quote=Anonymous]NP.  I would support a program that gives some student loan assistance or even forgiveness to SOME people.  Like those who never should have started college at all, or those who elect to do valuable but lower paid jobs (teachers, etc), but not those who could and did make "feel good" choices.  By that I mean people who went to expensive LACs, majored in something fluffy, and now "work" as activists or other similar fluffy/feel good jobs (or don't actually work, by choice).  I ALSO mean people who have advanced degrees and GREAT jobs and lifestyles who have just chosen to take their time paying back their loans (for example, law firm partners with two homes, lovely vacations, fancy cars, terrific paid help).

I understand that would require a program that would be expensive to run because it requires analysis.  I just think we cannot continue to give money away -- to anyone -- it doesn't teach people to make good decisions and be accountable for the consequences.
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