Tapate50
Well-known member
Not difficult to see where academics get their entitlement from ...
Student loans
- Thread starter msstate7
- Start date
Not difficult to see where academics get their entitlement from ...
I doubt I’d agree with much of what this Fischer King fellow has to say, but I think this very closely aligns with my feelings on student loan debt. I think allowing those in need to discharge the debt in bankruptcy like they do all other bad investments would be a better solution than blanket forgiveness. Those who can pay will pay, those who can’t will face some consequences but not be stuck with it after they’ve already crashed.
To wit:
[tw]1521355709341782016[/tw]
This was a very common refrain during the aftermath of the 2016 election, and it’s always been wrong. There are frankly some very vocal people on both sides, and while there are certainly adults who accept it and move on, it’s just not true that the Right doesn’t melt down over things like this.
I think it’s also worth noting that there’s a pretty sizable difference between say a straight conservative’s view on Obergefell and a female liberal’s view on overturning Roe v. Wade. While we might have some significant disagreements regarding abortion, I hope nobody is too far down the rabbit hole to not at least understand the core differences here.
acesfull86
Well-known member
https://www.washingtonpost.com/opinions/2022/05/05/student-debt-loan-forgiveness-lack-of-compassion/
Why such a lack of compassion on student loan debt?
—————
There’s nothing “compassionate” about A wanting to take B’s money to pay off C’s debt.
Why such a lack of compassion on student loan debt?
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There’s nothing “compassionate” about A wanting to take B’s money to pay off C’s debt.
zitothebrave
Connoisseur of Minors
I have great compassion for people who lack the ability to think on their own and fell for the university industrial complex that you need a degree to get a job that will pay. When more people would be better off knowing skills like plumbing, electrical work, carpentry, etc.
sturg33
I
So now the plumber and electrician have to pay off the useless degree they wisely avoided?
nsacpi
Expects Yuge Games
Apparently credibly accused creepy joe has settled on forgiving $10K of student debt for those making under 150K.
This strikes me as too much forgiveness .
Calibrating it to income is the way to go.
But the cutoff should be much lower. Maybe 50K.
No one making over 100K (with likely significant income growth in their futures) should be getting debt forgiveness.
While I think what is coming down is too generous, it is worth recalling how crazy the forgiveness proposals from the Sanders/Warren wing of the party were.
This strikes me as too much forgiveness .
Calibrating it to income is the way to go.
But the cutoff should be much lower. Maybe 50K.
No one making over 100K (with likely significant income growth in their futures) should be getting debt forgiveness.
While I think what is coming down is too generous, it is worth recalling how crazy the forgiveness proposals from the Sanders/Warren wing of the party were.
Is this a one off? Can I go rack up some student loans and have them forgiven next year?
sturg33
I
clearly the precedent is set.
the universities now have a green light to keep ripping off students
the students now have a green light to not pay back their loans
of course the middle class and poor are stuck with the bill, like always
nsacpi
Expects Yuge Games
yeah good question. There seems to be an element of unfairness to future borrowers. Not to mention past borrowers who have paid back their loans.
I wonder about the Sanders/Warren people. Do they think. Warren is often held up as a serious policy wonk. Challenge. I have yet to see an idea from her that stands up to serious scrutiny.
Tapate50
Well-known member
That’s 100% what’s going on
acesfull86
Well-known member
Hard to imagine it'll be the last time we hear of this bad idea. Especially with the hysterical responses coming from some corners, acting like a means-tested $10K forgiveness is a slap in the face.
Jaw
It's OVER 5,000!
"$10k ?!?!? You think that and a job are enough to pay for my Master's in Pansexual Gender Queer Authors of the Early Victorian?"
cajunrevenge
Well-known member
wheres the candidate that will just give white males born in Louisiana in 1984 on a tuesday after 10 pm central time a million dollars. **** the rest of you I want money. Thats what this loan **** amounts to.
acesfull86
Well-known member
Given the direction of Biden's approval ratings, I wouldn't rule it out
chop2chip
Well-known member
I do not understand what Biden sees as the upshot here. He’s already going to get the vote from the people he’s subsidizing with this.
This won’t go over well with blue collar workers and doesn’t move the needle with Hispanics.
It’s also not solving a problem. It likes fighting a wild fire with a single bucket of water.
I truly mean this when I say I don’t care what party that person comes from, but we need to do better than this idiot as president.
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cajunrevenge
Well-known member
Well that's why he has not done anything yet. The socialists of the party are demanding it and he knows it's a losing issue. Honestly if I was his advisor I would say go ahead and do it, its not like the right wing would give him any credit for resisting. They will campaign on it anyways in 2024 whether he does it or not.