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Reply to "Canceling $10k of student loan debt is stupid."
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[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. [b]Maybe their parents didn’t help them out with cars or bills.[/b] 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] NP. I haven't read the whole thread and I could follow the whole student loan debt issue more closely. I 100% agree that too many generations of Americans were fed some version of the lie that if you pay big $ for college you'll be successful. But, please understand there are some (I just know about myself but I have to assume I'm not that unique), who got through school debt free on a combination of pell grants and work study, whose parents didn't help with cars or bills and in fact helped their parents. My parents' constant financial stress taught me to choose a college I could get through debt free, so they did give me that lesson. I went on to grad school and I repaid those loans ASAP through shared housing in school and when I graduated, NOT going out on weekends and when I did I spent very little. I didn't own a car until I got married (my husband owned a beater). We lived in some awful apartments that in hindsight were not healthy. We had kids AFTER the loans were repaid. I had the advantage of being healthy. While I agree that there is a lot of need for reform and in general agree that some amount of student loan forgiveness is probably a good idea, sentiments like the bolded are really irksome. Some of us without parental help still managed. That is all.[/quote]
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