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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm someone who's not going to benefit from this and I'm 100% on board. My first job out of college was working with low income kids and the student loan debt problem really hit them disproportionately.[/quote] But again, what about the low income kids graduating next year or the year after? This isn’t a recurring program. It’s a one time wealth redistribution going to mostly higher income people. My sister is a SAHM in a LCOL area. Gorgeous large new construction home. Husband makes $140k. They got every round of stimulus, all the child tax credit money, and now they each get $10k of loan forgiveness. Is she the person you are all intending to receive all this free money? Because I’m sure there are tons more like her. They’ve spent it all on pricey cars and travel. It’s insanity. What’s even crazier is they are Fox News republicans. Jokes on the Dems![/quote] I would love to know which low cost of living area a family with two student loans can do all of this on a salary of $140,000 a year.[/quote]
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