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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous]I see it as part of a larger trend toward coddling grown adults so they don't have to be responsible adults making good on their obligations. It's along the same line as people shouting "cancel rent!" I mean, come on. It's time to grow up all the way.[/quote That would make sense if this kind of student loan debt had always been around and people always just "manned up" and paid if off. But it's exploded due to lenders lobbying to remove bankruptcy protections from student borrowers, state governments pulling funding from higher education, and all manner of jobs demanding college degrees when they have nothing to do with the work. Lenders have gotten insanely rich off of this broken system, it is lopsided to say 'you there, boy, fix it with your entry level salary" and make it a moral failing that these people have been systemically bilked. The system used to work, then it was [i]broken on purpose[/i] so that a select few could profit. The broken system is not the fault of 17 year old graduating seniors, and all responsibility for it should not rest on their shoulders. And no, I have no student debt to be forgiven. But I did have to pay off almost $200k, and I am now facing secondary infertility because that debt delayed us starting a family for so long. So I have no interest in perpetuating that cycle of BS for another generation if we don't have to do it. And we don't have to.[/quote]
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