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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Confession: I have no intention to ever pay off my student loans. I went to graduate school and owe a six figure amount roughly equivalent to my current gross salary. I haven’t been paying during the freeze. I am on an income based payment and just pay that income driven minimum. I plan on riding this out until the system crumbles, or, at worst, pay the taxes on the remainder when the program expires after 25 years and will either have enough in savings or I’ll sell off some asset or whatever. I don’t plan on actually paying it back in full because I honestly don’t care. I’m not going to make any sacrifices. I’m going to YOLO.

I’m also not asking for any sympathy. There will either be handouts or there won’t. I understand why people don’t want forgiveness for people like me, but if it’s there I’ll take it. 
When I retire, around 2055, assuming there is still a habitable planet, I am going to sell everything and move to a tiny mountain village in the Republic of Georgia and forage for mushrooms and maybe buy a sheep or two and live off the land like I always wanted to, before I deluded myself into thinking that going into debt to get the big name credentials and indenture myself to Corporate America was a good idea. [/quote]

Confession:  It is because of people like you that I hope he does not "forgive" ANY student debt.  
You sound as if you assumed the debt with no intention of paying it off.  [/quote]

Basically, yes. 
Corporate executives take on debt and get out of it, why shouldn’t I? I took out those loans knowing I could pay them back only based on income. The only catch is the potential tax bomb at the end. If the math, and overall quality of life opportunity cost, worked out such that it would actually be better to pay it off in full than pay the taxes on the outstanding “forgiven” debt after 25 years on IDR, I’d do that. I want to get away with paying back as little as possible, legally of course. Why should I pay one cent more than I have to? To win brownie points on DCUM? I feel absolutely no moral obligations about debt repayment whatsoever. [/quote]

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