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

[mr. smoke weed]

Tbf he offthecross seems conservative. He was against other progressive policies recently too lok

He is

 

[dora_da_destroyer]

the average student loan debt is 30k i would have to question that persons choices to take on that debt and why they didnt get any scholarships

You do know you can end up with that amount of debt, especially grad school with scholarships. And most people are average, they’re not getting a tone of scholarships for outstanding academics or athletics. Y’all wanna keep blaming individuals when society literally tells you to go to school for better job opportunities and those same schools are charging 20-90k/yr for undergrad and 60-120k/yr for grad school.

 

[dora_da_destroyer]

Tbf he offthecross seems conservative. He was against other progressive policies recently too lok

No, he’s all in on things that help him. He was a hardcore Bernie supporter on the premise of free healthcare - I remember him complaining about his healthcare costs - yet then shoots down min wage increases, student loan relief, etc. like what it’s clear what time it is for him...a lot of the Bernie bro’s were the same last summer/fall, let’s get feee healthcare but not help alleviate student debt

 

[the cac mamba]

You do know you can end up with that amount of debt, especially grad school with scholarships. And most people are average, they’re not getting a tone of scholarships for outstanding academics or athletics. Y’all wanna keep blaming individuals when society literally tells you to go to school for better job opportunities and those same schools are charging 20-90k/yr for undergrad and 60-120k/yr for grad school.

why should we even forgive grad school debt gimme a break

if you wanna talk about how undergrad is the new high school diploma and its not paying out for most people, its a valid argument. but now we should forgive the debt of the minute portion of people who CHOSE to go to grad school, knowing how expensive it was? grad school is not a necessity in any way shape or form. i have no interest in subsidizing anyones CHOICE to go to grad school, unless they damn well better hand out free checks to the entire population of the country to make it fair

and i still cant believe that you cosigned scrapping loan forgiveness entirely if means testing is applied

 

[Anerdyblackguy]

why should we even forgive grad school debt gimme a break

if you wanna talk about how undergrad is the new high school diploma and its not paying out for most people, its a valid argument. but now we should forgive the debt of the minute portion of people who CHOSE to go to grad school, knowing how expensive it was? grad school is not a necessity in any way shape or form. i have no interest in subsidizing anyones CHOICE to go to grad school, unless they damn well better hand out free checks to the entire population of the country to make it fair

and i still cant believe that you cosigned scrapping loan forgiveness entirely if means testing is applied

Teachers?
Social workers?
Lawyers?
Doctors?
Dentist?

^^^ You cant have a functioning society without these professionals.

 

[the cac mamba]

Teachers?
Social workers?
Lawyers?
Doctors?
Dentist?

^^^ You cant have a functioning society without these professionals.

first of all, fukk lawyers and leave them out of this grouping america has WAY too many laws and way too many lawyers with a vested interest in keeping people suing. that shyt is detrimental to society at this point

i dont even understand your post tho. no one NEEDS to go to grad school to be a teacher or a social worker and doctors and dentists seem to have done just fine up to this point, having chosen to invest in that lucrative career path

if you want to make it cheaper to be a doctor then why arent doctors lobbying for that? because frankly, the way that hospitals operate and bill, i have a hard time sympathizing with that shyt either

 

[Gus Money]

I wouldnt call the racial disparity argument garbage...debt forgiveness widens the racial wealth gap, and also the argument(s) for forgiveness becomes when we begin asking why all federal loans shouldnt be forgiven? Why stop at college?


I'd prefer we just make public colleges free going forward

This still isn’t convincing; it’s arguable that any financial support widens the racial wealth gap except for reparations that are specially targeted for certain races. And reparations aren’t a part of Biden’s platform so here we are.

And asking why stop at college is just a slippery slope argument in another form. Might as well ask why have any government support programs at all (which we know is what your side wants).

like what, for example, when it comes to just arbitrarily choosing to forgive things?

what differences are you referring to?

It’s not arbitrary, I’m pretty sure Biden already said his plan would likely be means-tested. Is there not means- tested relief for mortgage holders?

And I was referring to the fact that any 18 year old can sign up for student loans and derail their life without realizing the impact it will have. Our generation was told to get a degree no matter what, and you guys can sit here acting like people should have known better or tried harder to get scholarships but it’s easy to say that in hindsight.

 

[the cac mamba]

This still isn’t convincing; it’s arguable that any financial support widens the racial wealth gap except for reparations that are specially targeted for certain races. And reparations aren’t a part of Biden’s platform so here we are.

And asking why stop at college is just a slippery slope argument in another form. Might as well ask why have any government support programs at all (which we know is what your side wants).

It’s not arbitrary, I’m pretty sure Biden already said his plan would likely be means-tested. Is there not means- tested relief for mortgage holders?

And I was referring to the fact that any 18 year old can sign up for student loans and derail their life without realizing the impact it will have. Our generation was told to get a degree no matter what, and you guys can sit here acting like people should have known better or tried harder to get scholarships but it’s easy to say that in hindsight.

i agree, which is why we should cut everyones loan balance by 50 percent and kill the interest

 

[Ozymandeas]

the average student loan debt is 30k i would have to question that persons choices to take on that debt and why they didnt get any scholarships

Thank god you make no decisions.

 

[Ozymandeas]

I never saw it put this way but it’s very true.

WSJ News Exclusive | Student Loan Losses Seen Costing U.S. More Than $400 Billion

The absence of a cataclysmic event like the financial crisis is removing the impetus for the federal government to change its lending practices, which analysts said have enabled colleges to raise tuition far above the rate of inflation.

“There’s no market discipline here,” said Constantine Yannelis, a former Treasury Department official in the Obama administration who now teaches at the University of Chicago. “In 2007-2008, we saw a lot of lenders who were making risky bets going under. There’s no force like that in the student-loan market.”

The government lends more than $100 billion each year to students to cover tuition at more than 6,000 colleges and universities. It ignores factors such as credit scores and field of study, and it doesn’t analyze whether students will earn enough after graduating to cover their debt.

We make no attempt to evaluate the quality of the borrower, the ability to repay, the effectiveness of the loans,” said Douglas Holtz-Eakin, former head of the Congressional Budget Office who now leads the American Action Forum, a conservative think tank. “The taxpayer ends up picking up the tab.”

 

[the cac mamba]

Thank god you make no decisions.

likewise

 

[OfTheCross]

I never saw it put this way but it’s very true.

This sounds like a case for the government getting out of student loans all together. Is that the point you're trying to make?

 

[Conan]

The US could benefit from more of it's dumb ass populace pursuing higher education. And higher education is not all about a "return on investment". I say that as a STEM professional.

Education up to you getting a Bachelor's degree should be free at any public institution and any HBCU.

 

[Ozymandeas]

likewise

This is you four years ago admitting the system is broken. Now you lay all the blame on 18 year old kids who should’ve known better. It’s interesting college kids should’ve known better but home owners in 2008 weren’t told they should’ve known better. Majority of the blame went where it was supposed to go, to the banks who were underwriting the loans to begin with.

im sure theres a lot of entitlement in these kids they interviewed, but at the same time, student loans are bullshyt

NO GENERATION has paid as much and had it be worth less. its a broken, disgusting system

I was looking over your post history and Jesus, you’re a terrible person. You even had a post where you said fukk disabled people getting more money From what you wrote on here, you made $60,000 this year (your words) and you paid off $20,000 in student loan debt (your words). So your position on the matter essentially boils down to you paid off your sh*t, so everyone else should. It’s a terrible argument. Argue how it would have a negative effect for the economy if you’re against it. No one cares about you being butthurt.

 

[the cac mamba]

This is you four years ago admitting the system is broken. Now you lay all the blame on 18 year old kids who should’ve known better. It’s interesting college kids should’ve known better but home owners in 2008 weren’t told they should’ve known better. Majority of the blame went where it was supposed to go, to the banks who were underwriting the loans to begin with.



I was looking over your post history and Jesus, you’re a terrible person. You even had a post where you said fukk disabled people getting more money From what you wrote on here, you made $60,000 this year (your words) and you paid off $20,000 in student loan debt (your words). So your position on the matter essentially boils down to you paid off your sh*t, so everyone else should. It’s a terrible argument. Argue how it would have a negative effect for the economy if you’re against it. No one cares about you being butthurt.

its not "my argument", it's how life works

you know what my position is? if you chose to invest in an education and partying for 4 years, you should pay it the fukk back. but to deal with costs, we should cut everyones balance in half and kill all the interest. what is unreasonable about any of that?

and whats your argument for my idea to cut everyone between age 21-50 a check for 50k, instead of loan forgiveness? whats your argument against that? why do you hate people who didnt go to college?