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Should Student Loans Be Forgiven?

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Poeticdiva · 31-35, F
Briggett · T
@Poeticdiva(hey)
I believe that the payment should be based on what a person could afford to pay back and not leaving them in bet for the rest of the their lives.
We need these small brilliant young people to rebuild this broken down society.
Briggett · T
Hey
HoraceGreenley · 56-60, M
@Poeticdiva 10,000 in loan forgiveness will cost the taxpayer $321 billion. Our current budget deficit is $2.8 trillion...just for 2021.

The national debt is higher than GDP. The last time that happened was WWII. Interest rates are rising as a result.

We have the the highest inflation in 40 years. Doing this would increase inflation at least 1/2 a point over current rates.

The benefits do not exceed the costs
Poeticdiva · 31-35, F
@HoraceGreenley no one seems to care about the people who have been stuck in debt for years unable to do anything because of school loans. There are people who've been in debt for decades, unable to pay back loans and that would be one less thing to worry about. Why should people have to suffer in debt because they wanted an education? But you don't think about that right? It's easy to talk when you're not in it.
pdockal · 56-60, M
@Poeticdiva are you kidding me ???? why did i & the resto of the generations pay ours back ? Nobody told these little shits to amasse debt. Nobody twisted their arms to go to collage!
Poeticdiva · 31-35, F
@pdockal I'm sorry did me and you go to school in the same era? What decade are you from? Do you realize there's a difference between when I went to school and when you went to school? I don't want to hear that shit. Nowadays people aren't even making enough money to feed themselves or pay rent because they don't have an education so they don't qualify for better-paying jobs. But again, that doesn't matter, does it?
pdockal · 56-60, M
@Poeticdiva
college was fucking expensive when I went. Most people couldnt go to college because of the cost so im not sure what your reffering to. So because you cant figure out how to either get a job (or 2 or 3 like many of my generation did) or go to college and pay for it I should pay for it for you ? I pay enough in taxes already & cant afford to pay your way.
ughhhhhhhhhhhhhhhhhhhhhhhhhhhh
HoraceGreenley · 56-60, M
@Poeticdiva i care about the taxpayer. These debts don't disappear. The taxpayer will pay them off. You think it's "fair" that someone that did not incur the debt is forced to pay it off?

Besides, debt forgiveness only encourages more borrowing because future borrowers are hoping their debts will be forgiven too.

People make choices and they have to live with the consequences.

Grow Up