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Reply to "any cons in suspended student loans debt? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’ve been a Dem for 34 years. This loan forgiveness issue is what is starting to make me a one issue voter for the first time (like abortion for some). If a candidate says their goal is to forgive student loans, I’m voting for (and likely campaigning for) the other candidate. You took on the loan. Pay it back.[/quote] That’s noble of you, and I respect that. But for every one of “you” in your party, there are a hundred or more who want default+forgiveness for loans. You’re fighting an Alamo. [/quote] nope. moderate dems will run as independents and split the dem vote and the GOP will win, win, win. Democrats, of which I am one, need to get on the same page. [/quote] You vastly overestimate how much independents care about a student loan pause. It's much more likely Millennial student loan debtors <40 yo either sit out the midterms or vote Republican if payments resume. Democrats have near zero political upside to resume student loan payments given the risks to the midterms. There are just too many student loan debtors now to be used as a solution to inflation or declining social responsibility, sorry![/quote] Maybe. I'm an independent and the issue of student loan forgiveness irritates the heck out of me. I went to grad school part time at night and worked full time during the day to limit my student loan burden as much as possible. Pay your debt.[/quote] I worked all through school and had taken biglaw jobs that sucked the life out of me so I could pay the loans back. I took out a life insurance policy I could barely afford to make sure my mom would be covered in the event I died, because she co-signed the loans but could never hope to afford them. I scrubbed the terms and conditions to see if it had a suicide clause, because I seriously considered ending it all. The policy did have such a clause, which is probably the reason why I’m still alive. Eventually I did pay those six figures loans off, and I finally felt like I had a future again. A family, a home, rewarding work. I’m 10 years behind my peers on building up wealth, but I’m past a million now. I’m saving diligently for my own kids so they have better choices than I did. And guess what? I support the proposals. Cap tuition, cap the loans, cut the interest, and give people a reason to live for the future again. Offer extremely generous forgiveness options for in demand professions. A nation should be investing in its people because that is investing in its future, not profiting off misery and failed dreams. [/quote]
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