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][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok, so I survived cancer and I don't see why other people can't do the same.  Why is the government working on curing cancer for these lazy people.

Yes, that is a really dumb argument and...[/quote]

+1 million.  I think people need to look inside themselves and think about why they want people to suffer the same thing they found difficult.[/quote]

Democrat thesaurus: Hard work/personal responsibility/smart choices/sacrifice = suffering [/quote]

Republican Thesaurus: individual borrowing forgiveness = bailout, freeloading; tax cuts for billionaires and handouts to corporations = “incentivizing competitiveness”

Such a crock of bullshit.[/quote]

+1  Democrats--as part of a once in a century pandemic support, will spend $300 bn to do partial student loan forgiveness for people with lower incomes who borrowed to improve their opportunities for employment
Republicans-as part of a once in a century pandemic support, did loan forgiveness for nearly $800 bn to "small businesses" which were mostly well-connected Republicans and rich owners like Reese Witherspoon and Tom Brady and Jared Kushner.[/quote]

+1  Exactly.  Those people had hundreds of thousands, often millions of loans forgiven EACH.  And there were a ton of sham companies that were created to get loans and have loans forgiven.  If you haven't been moaning about the unfairness of this program for years then you really don't have any rights to complain about the student loan forgiveness that 87% goes to LMC and MC borrowers.[/quote]

+2  They've already documented that $80 bn of those benefits went to businesses that were fraudulent (so basically outright theft of taxpayer dollars).  I really don't get why people don't get mad about this, but are all triggered when loans to poor students get their debt forgiven.  It's like people accept that the rich get richer, but the poor should remain poor.[/quote]

A couple potential reasons- 1) I think there's been more press about the student loan forgiveness than PPP; and 2) it's simply simpler to understand and more relatable to people- more people have taken on student loans, or struggled to pay their way through college, than have owned business.  I get the sense a lot of people are just mad that *they* aren't getting the benefit from this but they see other people they know who are.

My biggest concern about this is that they aren't doing anything to address college affordability.  I just don't have faith that anything meaningful will be done.[/quote]

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