Anonymous
Post 03/21/2022 12:14     Subject: any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


If someone doesn’t go to college, it should be because they didn’t want to go and/or because they were not meritorious enough. It should not be because they couldn’t afford to.

Sorry, it drives me insane the cop-out mentality of “not everyone should go to college” that you hear from wealthy white right-wing folks who have degrees themselves and sent their own kids to college full pay. When all of Tucker Carlson kids went to boarding school, Harvard, and UVa, your argument holds no water. Practice what you preach.


They're right.

Some of the biggest losers of the increasing emphasis on college degrees are working class blacks, so this isn't exactly a racial issue, no matter how much you want to turn it into one.

The more people go to college, the less valued a college degree is while simultaneously being more required for no reason. And demanding people take on debts for something that serves as an effective barrier to progress is hardly helpful.
Anonymous
Post 03/21/2022 11:39     Subject: any cons in suspended student loans debt?

Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


Haha of course you don’t want more degree holders to compete with you for your job. You’re well-paid with a cushy air-conditioned job, you got yours when tuition was way lower. And of course your job is meaningful, but other people’s aren’t. Or something like that.
Anonymous
Post 03/21/2022 11:36     Subject: any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


If someone doesn’t go to college, it should be because they didn’t want to go and/or because they were not meritorious enough. It should not be because they couldn’t afford to.

Sorry, it drives me insane the cop-out mentality of “not everyone should go to college” that you hear from wealthy white right-wing folks who have degrees themselves and sent their own kids to college full pay. When all of Tucker Carlson kids went to boarding school, Harvard, and UVa, your argument holds no water. Practice what you preach.


They can afford to, by taking loans. The 2nd part is paying those loans back.


You’re not doing them any favors if you think that’s “affording” it. Loans aren’t an “opportunity.”
Anonymous
Post 03/21/2022 11:34     Subject: any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


If someone doesn’t go to college, it should be because they didn’t want to go and/or because they were not meritorious enough. It should not be because they couldn’t afford to.

Sorry, it drives me insane the cop-out mentality of “not everyone should go to college” that you hear from wealthy white right-wing folks who have degrees themselves and sent their own kids to college full pay. When all of Tucker Carlson kids went to boarding school, Harvard, and UVa, your argument holds no water. Practice what you preach.


They can afford to, by taking loans. The 2nd part is paying those loans back.
Anonymous
Post 03/21/2022 11:32     Subject: any cons in suspended student loans debt?

Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


If someone doesn’t go to college, it should be because they didn’t want to go and/or because they were not meritorious enough. It should not be because they couldn’t afford to.

Sorry, it drives me insane the cop-out mentality of “not everyone should go to college” that you hear from wealthy white right-wing folks who have degrees themselves and sent their own kids to college full pay. When all of Tucker Carlson kids went to boarding school, Harvard, and UVa, your argument holds no water. Practice what you preach.
Anonymous
Post 03/21/2022 11:25     Subject: any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


Very unrealistic and would be shouted down as racist. Who would end up forgoing college because of cost? POC. Loan forgiveness is basically a pressure release valve for some major social problems happening in our society. However, no one is going to vote for forgiveness that only benefits low income because this is the US.


Lol you don’t think people have been forgoing college because of cost since, forever? They have. Not saying that’s how it should be.
Anonymous
Post 03/21/2022 11:24     Subject: Re:any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready!


Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?


Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future.


This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness.


I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?


DP
Good for you. Not all children are fortunate like your children are. How dare you call pp's parents "irresponsible." This shows you are in a liberal bubble.
You think this "forgiveness" will extend to your grandkids? LOL.
And, you do understand that the more loans are "forgiven," the more college costs will increase?

This is not loan forgiveness. Let's call it what it is..... wealth distribution - from working class to elites. Because, much of that college debt is owned by people who are quite capable of paying it off.


Sending your child to college with a high EFC and no college savings is irresponsible. It clearly affected pp's mental health as they are angry at other similarly situated people that did not make their children suffer and doesn't understand some people won't vote to make others suffer.


What a load of idiotic "reasoning."

Note that pp, whose parents were "irresponsible" in your view, chose a state school that was affordable and has paid off all loans.
Irresponsible is taking out loans that you have no intention of paying off in hopes they will be "forgiven."
And, stop with the "suffering" trope. People who took out loans to go to college signed a pledge to pay them back. Don't make them victims.


I also want to say that the children taking out massive loans to go to prestigious or private colleges are not UMC or wealthy - they have 529 accounts and cash on hand. Poor and middle class kids (and POC of course) with good test scores are typically faced with this choice and would greatly benefit from loan forgiveness.


This is actually not completely true. Community college, a cheap option that requires little loans, is highly stigmatized in UMC communities. Really wealthy people leverage their money.

Not that they’re extremely wealthy, but Pence and Biden both took out co-signed loans for their kids. I think a governor of Ohio did too? Don’t remember his name.
Anonymous
Post 03/21/2022 10:18     Subject: Re:any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready!


Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?


Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future.


This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness.


I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?


Sounds like you support free college, not loan forgiveness.


DP. I support free college and an offramp for those steeped in existing debt. Not no-strings-attached forgiveness. Set interest to zero and offer some alternatives to pay it back with community service credits or something. The whole system is a racket and needs to be ripped up from all its roots and destroyed.
Anonymous
Post 03/21/2022 10:13     Subject: any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.


Stop spreading disinformation. LIFETIME MAX federal loan limit for traditional undergraduate students is $31,000. Stop using fake hypothetical students with $100K in loans for a bachelor's degree in art from a ritzy private college to push your narrative. $31K total in federal loans is all an undergraduate kid can take out. Public or private. $31,000 total, period. Source:

https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized


Progressives want Biden to forgive all student loans, including graduate student loans, which have no maximum borrowing limit. Many of the people with the highest amounts of student loan debt are doctors and lawyers who will benefit tremendously from student loan forgiveness despite earning much more than the average American.


That's just the corporate-controlled uniparty democrats and republicans poisoning the well to make it sound like a giveaway to the decadent class. I don't think anyone believes rich MD surgeons, MBA bankers and JD corporate attorneys are or should get their loans zeroed out. The dialogue ought to be centered on federal undergraduate loans, which the lifetime max is $31,000.

Shills continue to bring up disinformation about "$100k private college loans" and "rich doctors" to divert the conversation away from the poor and middle class kids who have <$31,000 in federal loans from their undergraduate studies at 2 or 4 year colleges.


Would you characterize Elizabeth Warren, Bernie Sanders, and The Squad, as "corporate-controlled uniparty Democrats?" They support forgiving ALL student loans. Also, if Biden unilaterally forgives student loans in 2022, do you think he should do additional rounds of forgiveness in 2023 and so on or is forgiveness a one time thing? What happens if Democrats lose the presidential election, and a Republican takes over?


Lol, yes, absolutely. Was that a serious question? It's all theater.


Elizabeth Warren should be the last one calling for debt forgiveness. She took a salary of over $400,000 from Harvard for teaching a single course each semester.
This is an obscene salary and this kind of crap is exactly why college costs are so damned high.
Sure, Harvard is private..... but similar excessive spending happens at state schools as well.



This is the reason I don't respect Elizabeth Warren. She's speaking with a forked tongue, as American Indians would say, lol. $400K salary for teaching one class, and she wants honest, hard working taxpayers to cover the cost of loan forgiveness. LOLOLOLOL.
Anonymous
Post 03/21/2022 09:59     Subject: Re:any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready!


Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?


Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future.


This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness.


I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?


DP
Good for you. Not all children are fortunate like your children are. How dare you call pp's parents "irresponsible." This shows you are in a liberal bubble.
You think this "forgiveness" will extend to your grandkids? LOL.
And, you do understand that the more loans are "forgiven," the more college costs will increase?

This is not loan forgiveness. Let's call it what it is..... wealth distribution - from working class to elites. Because, much of that college debt is owned by people who are quite capable of paying it off.


Sending your child to college with a high EFC and no college savings is irresponsible. It clearly affected pp's mental health as they are angry at other similarly situated people that did not make their children suffer and doesn't understand some people won't vote to make others suffer.


What a load of idiotic "reasoning."

Note that pp, whose parents were "irresponsible" in your view, chose a state school that was affordable and has paid off all loans.
Irresponsible is taking out loans that you have no intention of paying off in hopes they will be "forgiven."
And, stop with the "suffering" trope. People who took out loans to go to college signed a pledge to pay them back. Don't make them victims.


I also want to say that the children taking out massive loans to go to prestigious or private colleges are not UMC or wealthy - they have 529 accounts and cash on hand. Poor and middle class kids (and POC of course) with good test scores are typically faced with this choice and would greatly benefit from loan forgiveness.


There's a lot of projections and assumptions made on this thread.

It'd be interesting to see the breakdown of loans by race and gender and even SES, insofar as that is possible to obtain. I've a feeling we'd find that the majority of loans are held by whites, not POCs, and most will probably be middle class whites, not working class whites who generally don't go to college in the first place. And probably the largest value loans are held by people who have high status profession jobs like law and medicine.

Shouting that we need to forgive the loans because of the poor oppressed POCs sounds great in theory, but is probably nothing like the truth.

And what would really help POC and other low income people is cheaper education, and forgiving the loans does nothing about that. It doesn't fix the problem but actually promises the make the problem worse.

Anonymous
Post 03/21/2022 09:55     Subject: Re:any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready!


Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?


Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future.


This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness.


I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?


DP
Good for you. Not all children are fortunate like your children are. How dare you call pp's parents "irresponsible." This shows you are in a liberal bubble.
You think this "forgiveness" will extend to your grandkids? LOL.
And, you do understand that the more loans are "forgiven," the more college costs will increase?

This is not loan forgiveness. Let's call it what it is..... wealth distribution - from working class to elites. Because, much of that college debt is owned by people who are quite capable of paying it off.


Sending your child to college with a high EFC and no college savings is irresponsible. It clearly affected pp's mental health as they are angry at other similarly situated people that did not make their children suffer and doesn't understand some people won't vote to make others suffer.


What a load of idiotic "reasoning."

Note that pp, whose parents were "irresponsible" in your view, chose a state school that was affordable and has paid off all loans.
Irresponsible is taking out loans that you have no intention of paying off in hopes they will be "forgiven."
And, stop with the "suffering" trope. People who took out loans to go to college signed a pledge to pay them back. Don't make them victims.


I also want to say that the children taking out massive loans to go to prestigious or private colleges are not UMC or wealthy - they have 529 accounts and cash on hand. Poor and middle class kids (and POC of course) with good test scores are typically faced with this choice and would greatly benefit from loan forgiveness.
Anonymous
Post 03/21/2022 09:49     Subject: any cons in suspended student loans debt?

Anonymous wrote:I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.


Very unrealistic and would be shouted down as racist. Who would end up forgoing college because of cost? POC. Loan forgiveness is basically a pressure release valve for some major social problems happening in our society. However, no one is going to vote for forgiveness that only benefits low income because this is the US.
Anonymous
Post 03/21/2022 09:47     Subject: Re:any cons in suspended student loans debt?

I do think there is a systemic issue with treating college like a commodity where better colleges = more expensive, as if colleges are cars. The problem with that is the recruiter or employer doesn’t care what car you drive or whether you have a fancy iPhone, but they damn well care what college you attend/attended.
Anonymous
Post 03/21/2022 09:45     Subject: any cons in suspended student loans debt?

I would not support debt forgiveness. I’d be pissed.
Maybe we need to recognize that 100% college participation goal is not justified or appropriate. What college graduates are going to want to drive a bus, or pick strawberries, or work in a meat processing plant?

My point is that the people who drive the bus, pick the strawberries, and process meat are important too. We need to make things suck less for people who work manual jobs or in the service industry, or in the trades, instead of college being the only “way out” of a hard life.

Our system needs to stop incentivizing the production of white collar workers because we are not that special. I am one of them - a fed paper pusher of sorts. I am paid well. Of all of the white collar positions I have held, the thing I am doing now is the most meaningful. But a lot of white collar work does not provide as great a benefit to society as the salaries would suggest.

I paid off my undergrad loans. I could not afford grad school and had to work up the ladder to get where I am. I do not wish to subsidize those who pursued advanced degrees and got a leg up, when I had to work very hard to get where I am.
Anonymous
Post 03/21/2022 09:38     Subject: Re:any cons in suspended student loans debt?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/articles/the-great-pandemic-student-loan-scam-patty-murray-11647635249?mod=mhp

Looks like Democrats are going to take a chance on buying Millennial and GenZ votes! Must be taking a page from the Republican playgroup except benefiting regular people rather than billionaires and their LLCs. Sorry so many of you in this thread are mad but you were going to vote GOP in the midterms anyways. Better start watching Fox News and doing your Q research so you're ready!


Do the millions of Americans who did not go to college count as "regular people?" These individuals comprise the majority of Americans. I'm sure that they'll enjoy seeing college educated, high earning Americans reap nearly $2 trillion dollars in benefits due to student loan forgiveness. What about future generations? What about them? What do they get?


Or the other normal people who went to state schools and had two jobs to pay off tuition? I worked my a$$ during college to graduate with no debt. It only took reading one page of the internet or half a book to understand what signing up for 100’s of thousands of dollars of debt would do to my future.


This. Also, the distribution of “prestige” among schools leads to a system that isn’t meritocratic. I went to a directional state school that you’ve never heard of because my EFC was insane but I had no college fund, so I couldn’t afford any of the better schools I got into. I got scholarships, but nothing short of full-tuition scholarships would’ve kept me from drowning in $50k+ in debt anywhere but the directional. Obviously, it was harder professionally than if I could have gone to my state flagship. I’ve long paid off my loans. So many kids going out of state, going to little exorbitantly expensive private colleges, etc that I can’t support forgiveness.


I put lots of money in my kids 529 plans and ask finishing up the youngest college this year. I support forgiveness 100% as it will likely benefit my children after grad school or the grandkids when they go to undergrad. I'm not sure why you would be against forgiveness just because you had irresponsible parents. Wouldn't you want your kids to not have to rely on your own fiscal discipline?


DP
Good for you. Not all children are fortunate like your children are. How dare you call pp's parents "irresponsible." This shows you are in a liberal bubble.
You think this "forgiveness" will extend to your grandkids? LOL.
And, you do understand that the more loans are "forgiven," the more college costs will increase?

This is not loan forgiveness. Let's call it what it is..... wealth distribution - from working class to elites. Because, much of that college debt is owned by people who are quite capable of paying it off.


Sending your child to college with a high EFC and no college savings is irresponsible. It clearly affected pp's mental health as they are angry at other similarly situated people that did not make their children suffer and doesn't understand some people won't vote to make others suffer.


What a load of idiotic "reasoning."

Note that pp, whose parents were "irresponsible" in your view, chose a state school that was affordable and has paid off all loans.
Irresponsible is taking out loans that you have no intention of paying off in hopes they will be "forgiven."
And, stop with the "suffering" trope. People who took out loans to go to college signed a pledge to pay them back. Don't make them victims.