Student Loans shouldn't be forgiven. We should focus on cost.
- Thread starter OfTheCross
- Start date
This!
I paid off my student loans but I definitely want to see others in a good position financially.
I want nothing but wealth and good health for my Coli brethren
Stop it. Conservatives are constantly fukking up the economy one way or another, just to appease the wealthy.
Stop it. Conservatives are constantly fukking up the economy one way or another, just to appease the wealthy.
OfTheCross
Veteran
The thing is, that we (the general population) have to find a way to justify this.
I don't think cancelling medical debt would need to be justified because no one plans to get sick or injured, but student loans are contracts that people agreed to enter and pay back. That's a hangup for most detractors.
So, in light of that, those in favor justify it be saying that it will stimulate the economy. So, naturally, others will look into that.
What we know is that there are other uses of that money that would better stimulate the economy.
shyt, if we're gonna forgive student loans, one might say, we might as well forgive mortgages and autoloans.
He might be a piece of shyt, but at least @the cac mamba doesn't want anyone getting handouts.
Insurance: why should I have to pay if I'm young and healthy
Student debt: why should I have to pay when I don't have any
Insurance: why should I have to pay if I'm young and healthy
Student debt: why should I have to pay when I don't have any
the cac mamba
Banned
He might be a piece of shyt, but at least @the cac mamba doesn't want anyone getting handouts.
Insurance: why should I have to pay if I'm young and healthy
Student debt: why should I have to pay when I don't have any
dora_da_destroyer
Master Baker
they are not the same, one, those are held by private companies, the debt relief being debated is about federal loans.
two, a whole generation of people were fed the fallacy of going to school = good and/or stable job. that hasn't happened. you have jobs requiring more degrees yet pay terribly, have next to no benefits, and come with zero job security. our generation is underemployed and earning less than previous generations across the board. that's the issue with student loans, the cost to secure a better future has soared exponentially yet the opportunities and employment that follows has declined - there needs to be some relief.
Last edited:
Ozymandeas
Veteran
Ten million Americans lost their homes in 2008, and a handful of big banks profited off the financial derivatives that were the motivating factor behind many of those home owners getting homes they probably shouldn’t have gotten. Yet the whole country paid the debt. Home owners got to flip houses and make money. Mortgage brokers got to sell houses and collect the fees. Banks got to sell mortgage backed securities and collect the profits. AIG got to sell swaps on those MBS’s and CDO’s and collect the insurance premiums. The average American wasn’t responsible for none of this. Yet we all had to pay for this when it blew up in their faces. But that’s cool huh? 
Ozymandeas
Veteran
The Fukin Prophecy
RIP Champ
The system is stupid and broken but this fukk all those people that paid off their debt mentality some of yall have is equally fukking stupid...
I have no issue with community service programs like Biden proposed but straight up debt forgiveness is absolutely fukking stupid...
I have no issue with community service programs like Biden proposed but straight up debt forgiveness is absolutely fukking stupid...
Biden promised at least $10k forgiveness breh. If he doesn't deliver he's a liar, and I don't support liars.
dora_da_destroyer
Master Baker
No one is saying fukk the people who paid it off, but if you’re home sick the day someone’s mom brings cupcakes to class, well you gotta charge it to the game that you weren’t in the right place at the right time. Same way people who made over 100k in 2019 can be sitting here making half their income yet didn’t get a stimulus check because it was based on previous years income - nothing is perfect
OfTheCross
Veteran
Well, 70% of home loans are federal loans, so why not totally forgive them too?
That's a question that can genuinely be asked if we forgive student loans.
And 2ndly, I get what you're saying about the "fallacy of going to school". But at the end of the day, we have to take responsibility for what we chose to do, what school we chose to attend, and how we chose to finance our education.
Some may say that the federal government is already doing us a solid by backing the loans that we otherwise wouldn't be able to get.
Man, this dude is so full of shyt @dora_da_destroyer stop humoring him on this subject. He just wants an audience to passive aggressively spout his BS because he doesn't like the idea of someone getting a "give a way" that isn't him. People get real "decisions have consequences" when they aren't the ones who would benefit from a policy. Look at the only people who are agreeing with him, they don't support anything progressive ever and would be rockefeller republicans in a different era. Stop entertaining their bad faith BS. @The Fukin Prophecy is basically John Kasich. These are the exact type of people that Democrats need to stop listening to. If we follow his logic then we should never support a single targeted policy ever again - which is 90 percent of policy. They view policy is how can I do the bare minimum to say I helped someone while not offending a$$holes who might be bothered that someone is getting some sort of help because they have FOMO despite not needing it.
You can apply that to literally every policy from the great depression until now.
Last edited: