re: What’s even worse about forgiving 10k in student loans.

quote:

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Amount forgiven should be much higher.

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Dear onmymedicalgrind,

Where do you think this money comes from? The government? The lender?

It comes from your neighbors, people that paid their loans off by maintaining responsibility of the debt they acquired, by folks that didn’t agree to accept the loan. And they aren’t agreeing to forgive you for acquiring the debt you did.

Forgiveness is not the correct word to use here. Forgiveness comes from a willingness to forgive, and is done by the person or entity that loaned you the money to begin with. Are these financial institutions just not going to get paid any longer?

If you want forgiveness, contact your lender and ask them for it. If you want others to be forced to bear YOUR debts, then carry on.

There’s no quicker way to lose the respect of good people than to be flippant about your principles, or have none at all.