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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There is no point in any forgiveness unless it's part of a broader solution to the cost of higher education. Forgiveness now just sets up the same problem in another decade [/quote]

Agree that there needs to be a broader solution, but it's a bit hyperbolic to say "there's no point in any forgiveness" without it. The people who get their loans forgiven will benefit, especially those with low balances and low incomes (where a low balance is a burden). I do think it should be for people who have been in repayment for a certain amount of time and not just everyone who happens to be in repayment right now and then nobody else.[/quote]

And entering freshman who face the same situation (actually worse thanks to educational inflation) get nothing. There hasn't even been a whisper about solving that end of the problem other than empty campaign rhetoric. [/quote]

$10,000 of forgiveness is something Biden can do right now. He can't unilaterally commit to forgiving incoming freshmen's debt that they haven't even accrued yet. He probably won't even be president when they go into repayment. He can't forgive everyone's loans forever or stop inflation of college tuition. I do think his administration should come up with a plan to deal with that, but it doesn't mean he can't forgive $10,000 now. It's the responsibility of Congress to come up with a longer term solution.[/quote]

The department of education as well as any grant issuing arm of the government can attempt to control costs through rule making. If you tied research grants to undergraduate affordability, schools would find a way to make it happen [/quote]

Fair enough but that's a great example of something that would help future borrowers but not borrowers currently in repayment. So is your issue that you only want to help future borrowers?[/quote]

DP  it should be obvious that a systemic fix would be far more meaningful than some useless one-off loan forgiveness. Not sure why you’re having difficulty understanding that.[/quote]

Wow you are pleasant. Sounds to me like you don't understand the need to help current borrowers that are struggling. [/quote]

The government isn’t your dad, there to bail you out from every dumb choice you make. You are accountable for your choices and your actions. [/quote]
I hope that you would also hold large corporations and everyone who took CARES Act funds to your hardass standards. But you probably own stock in those, so you support that. Typical Republican. [/quote]

I actually have a great deal of scorn for many of the people who took those funds. I’m actually a very dedicated democrat but that doesn’t mean I’m a sucker. Continuing to enable and encourage poor choices doesn’t actually help people. [/quote]
You seem to have a lot of “scorn.”   :roll: [/quote]

For whom should we have scorn other than people who take money from taxpayers that they don't need or deserve or people who just consume with no thought to the future and expect people who consistently made good choices and sacrifices to pay for it? I mean besides Alex Jones and Trump obviously. khloe kardashian took CARES money for godsake. That's scorn worthy. [/quote]

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