CraigM
2833
And you were in no way injured anywhere close to the way the current generation has.
I had student loans. I paid mine off. But the fact is that the 2007 crisis hurt me in some economically crippling ways, ways that hamstrung me for years. But when talking college and student loans, I had it far worse than your generation. And those younger than me worse still.
To pretend that the current generation is facing the same issue as yours is… well it’s horribly misdirected at best.
This is nothing about “everyone after me has to suffer too.”
I’m not saying they have to suffer. I’m saying neither do I. Forgive them their loans, and give me my money back.
Let’s figure out the added benefit you got from your education and have you pay that back as well, then we can call it even.
There does not need to be a feasible cutoff.
Give everyone who is alive back the money they used to pay their loans.
Since old people had it extremely easy and did not pay anything for tuition and school, we won’t have to pay them much.
We can’t do that, because then we couldn’t forgive loans either. That literally made no sense.
Sure we can, because a large majority of them aren’t getting the expected benefit from their education - which is part of the entire problem in the first place.
Oh, I see what you mean. Fine, I didn’t get expected benefit from my education. Give me all my money back.
You clearly don’t, or you wouldn’t be making such an absurd argument in the first place. And yes, I consider this one of my hot button issues because of how badly it screwed over my generation.
Agreed. So give me my money back.
KevinC
2842
Isn’t the existing student loan debt already at $1.5 trillion dollars? That’s… a lot of money, even by US Government standards. How much paid off debt from living Americans is there? And while I’m certainly no deficit hawk, creating multi-trillions of dollars in debt to pay off debt might be a dubious sell for a whole lot of people.
Yes, but most of the people who went to college in the past paid like $300 in tuition. So it’s really not going to be that much. It’s only the current generation, maybe one back who will be getting anything, really.
Which legs should we start with? Right or left?
KevinC
2846
What about the people that didn’t go to college? Construction workers, contractors, etc. Why should their tax money go to pay off student loan debts that have already been paid off?
I’m all for eliminating the existing student loan debt because I feel like it is a major anchor on the economy and is only getting worse. It’s going to create some pretty massive problems (already is, but again it’s only getting worse from here). Giving people backpay for the student loans that are paid off and no longer exist is a harder sell, IMO. I don’t see how that’s directly in the nation’s interest, despite having it benefit me directly.
What about the poor people who didn’t go to college because it was too expensive and ended up working in fast food? We’ll have to compensate them for all of their lost potential. I mean, it wouldn’t be fair to forgive students loans and pay back those who paid student loans without also paying those who didn’t take out student loans, would it?
Why should it go to pay off student loan debts that haven’t been paid off? Why should they be taxed to pay for someone else’s tuition?
Which person should the state murder, so that someone else can be better off?
Presumably most of the people carrying around high student loan debts are middle class, not ultra wealthy. The ultra wealthy don’t need student lives and. Forgive that debt and it frees up a lot of money that will be spent. Maybe now that person can afford to drive the bathroom renovation they’ve been putting off which puts money in the hands of local plumbers and general contractors.
Between savings from an accident settlement when I was five and student aid at a state school, I have the good fortune of not having student loans, but I am all for student loan forgiveness. It’s a net benefit to the economy and it’s the right thing to do for people carrying around a lifetime of crushing debt.
Because 1) those debts are a drag on the economy and perpetuate wage slavery, and 2) the magnitude is significantly greater than for past generations.
But you’ve got yours, so fuck those people. Also, too, which leg?
Yes, fuck people who have suffered that we could help. Fuck people who don’t have enough today because they paid off massive loans. Fuck the poor.
But you’re getting yours, so fuck everyone else. Also, who should the state murder?
