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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea.  But I'm having a hard time understanding the republican outrage about it.  This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds.  The tax code is full of hard-to-justify deductions, credits and benefits.  The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican.  The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war.  Really hard to take republicans seriously on this when they supported those policies.  [/quote]

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.[/quote]

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down.  People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)). [/quote]
It certainly can’t be the nearly predatory loan terms, no sir, that has nothing to do with anything at all. /s[/quote]

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