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Money and Finances
Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So you are basically saying "I borrowed, I told you that I'd pay back, but now I don't want to pay." I mean, are you okay with saying that? Does that not bother you? [/quote] That's basically what people and corporations declaring bankruptcy say. Yet that is legal.[/quote] THe US Government forgave $782 billion of loans to businesses (many of them owned by wealthy celebrities like Kanye West, Tom Brady and the President's son-iin-law JaredKushner). I didn't see much outrage over that. [/quote] It's better for the United States' growth prospects that more of its youth are educated and skilled for the workforce, and not crippled by debt. People are just whining all over this thread, because this benefit is targeted at people with lower incomes and not DCUM middle class ($200K plus). They are mad that other people are getting something that they can't in a form of upper middle class resentment...[/quote]
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