Student Loans shouldn't be forgiven. We should focus on cost.

[OfTheCross]

Student Loan Forgiveness Is a Regressive Policy That Hurts Americans

Moreover, as Cooper explains, 210 million adult Americans do not have federal student loan debt, compared to the 45 million who do. Student loan forgiveness demands that those 210 million Americans take on the debt of those 45 million borrowers.

For those individuals who avoided debt—either by working their way through college, going to community college for two years before attending a four-year college to reduce costs, living at home, serving in the armed forces to later benefit from the GI Bill, working hard in high school to receive merit-based aid, or by eschewing college altogether—blanket student loan forgiveness is simply unfair.

 

[msims]

Why can't we do both?​

 

[MoneyTron]

Both can be done.

It's going to happen. This whole "it's unfair to people who paid off their loans" argument is bullshyt. That's Boomer talk.

 

[duncanthetall]

Because it’s not fair? Seriously? This country is fukking pathetic

 

[GodinDaFlesh]

It's either save the economy by forgiving student debt or watch it collapse as we get zero stimulus from the Republican Senate because of butthurt people crying about unfairness.

 

[Anerdyblackguy]

fukk out of here with that article Op.

 

[the cac mamba]

Both can be done.

It's going to happen. This whole "it's unfair to people who paid off their loans" argument is bullshyt. That's Boomer talk.

its not that its unfair to people who paid them off, its unfair to people who didnt go at all. and theres not any denying that

people can say "yeah fukk it pay them off anyway, i dont care", but theres no denying that its completely unfair to people who didnt go to college. and thats the argument you're gonna run up against. which is why this proposal should be accompanied by letting people claim a big tax credit if they arent getting loan forgiveness, or something that also appeals to the majority of the country who loan forgiveness doesnt benefit

and i say this in the interest of actually getting something done on this issue. like i said in the other thread, my proposal was cutting everyones balance by 50 percent overnight, and killing all interest on loans. that covers more bases and takes into account each individual's choice of a more expensive school/degree, how much they've paid so far, etc. something like that has a far greater chance of passing than "everyone up to 50k"

 

[the cac mamba]

It's either save the economy by forging student debt or watch it collapse as we get zero stimulus from the Republican Senate because of butthurt people crying about unfairness.

can you break down how forgiving student loans is what will save the economy or be the reason it collapses

the economy is gonna collapse, but it's not because a quarter of adults dont have another 400 bucks a month to spend

 

[invincible1914]

Why can't we do both?​

This Right Here! The problem with the student loans is that the tuition was too high to begin with. Unless you are going all the way to be a doctor or something, I ’s almost better to have never even gone to college in the first place. I could have just focused on certifications and still be doing exactly what I’m doing now without my degrees.

 

[Tony D'Amato]

No conservative should accept their debt being wiped out

 

[msims]

its not that its unfair to people who paid them off, its unfair to people who didnt go at all. and theres not any denying that

people can say "yeah fukk it pay them off anyway, i dont care", but theres no denying that its completely unfair to people who didnt go to college. and thats the argument you're gonna run up against. which is why this proposal should be accompanied by letting people claim a big tax credit if they arent getting loan forgiveness, or something that also appeals to the majority of the country who loan forgiveness doesnt benefit

and i say this in the interest of actually getting something done on this issue. like i said in the other thread, my proposal was cutting everyones balance by 50 percent overnight, and killing all interest on loans. that covers more bases and takes into account each individual's choice of a more expensive school/degree, how much they've paid so far, etc. something like that has a far greater chance of passing than "everyone up to 50k"

A lot of problems in America are because the government continuously allows certain industries to fukk over citizens.

They allowed it, they need to fix it.

I don't care if I didn't go to college. They allowed that shyt to happen. They need to fix it.

Business moves so fast these days that it's impossible for the government to keep up, it seems.

That's fine (not really, but reality is reality). All I ask is that they fix their fukkin mistakes.

I want reparations for black folks too. Got cacs arguing "I'm not part of the 13%. And my family never owned slaves...and if they did, I didn't....so why should I have to pay?"



FIX YOUR shyt AMERICA.​

 

[AquaCityBoy]

its not that its unfair to people who paid them off, its unfair to people who didnt go at all. and theres not any denying that

That doesn't make any goddamn sense.

 

[MoneyTron]

its not that its unfair to people who paid them off, its unfair to people who didnt go at all. and theres not any denying that

people can say "yeah fukk it pay them off anyway, i dont care", but theres no denying that its completely unfair to people who didnt go to college. and thats the argument you're gonna run up against. which is why this proposal should be accompanied by letting people claim a big tax credit if they arent getting loan forgiveness, or something that also appeals to the majority of the country who loan forgiveness doesnt benefit

and i say this in the interest of actually getting something done on this issue. like i said in the other thread, my proposal was cutting everyones balance by 50 percent overnight, and killing all interest on loans. that covers more bases and takes into account each individual's choice of a more expensive school/degree, how much they've paid so far, etc. something like that has a far greater chance of passing than "everyone up to 50k"

It's $10K not $50K.

As far as fairness goes, I don't see where that weighs into this equation. High earners and companies getting repeated tax cuts over the past 40 years could also be considered unfair. Still gets done.

This might benefit the economy just as much as any of those initiatives IMO.

 

[Rawtid]

I honestly don’t get how student loan debt forgiveness is different than anything else we pay for and don’t use personally. People without children don’t get dependent tax breaks or people without mortgages don’t get mortgage interest deductions. Lol but no one ever says “not my fault I didn’t have kids or buy a house”.

 

[GodinDaFlesh]

can you break down how forgiving student loans is what will save the economy or be the reason it collapses

the economy is gonna collapse, but it's not because a quarter of adults dont have another 400 bucks a month to spend

Ask the actual economists

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