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]So many bean counters here who are unhappy about other people getting a so-called break while they “did everything right”. Cry me a river.  You just want to screw everyone over because you’re bitter?

Maybe they had illnesses, disadvantages, dependents, or other circumstances that got in the way of paying the loans off. Maybe their parents didn’t help them out with cars or bills. Some people may have made out like bandits and others really needed it. Is it really worth all this solipsistic hand-wringing about what you did with your own loans? Can’t you see the broader policy implications of this?[/quote]

+1 The biggest problem I see on this thread is that people don't see the benefit of supporting other people in society who are less well-off than they are.  All they can see is that if someone gets something, they want it too, even if they don't have the documented need for it.[/quote]

No, we just understand the basic principle that nothing is free. Someone will have to pay for this and it’ll be rest of us not benefiting. [/quote]

Societal welfare is not a zero sum game. Forgiving these loans frees up borrower capital to invest in retirement savings, real estate, and the next generation’s education. You’re not a preschooler crying over their classmate getting more icing on their cupcake, so stop making your political opinions based on that mentality.[/quote]

+1  Young people today carry so much more debt than the WWII and boomer generations.  Those generations need to stop being so selfish and realize that the cost of higher ed has changed.[/quote]

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