Why do people who have student loan debt feel like it should be forgiven?

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Why do people who have student loan debt feel like it should be forgiven?

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Because it would increase our net income and improve our credit scores. Do you really not see why we should want this?

It should only be forgiven for STEM majors. frick the art majors!

These are probably the same assholes that bitch about so called corporate welfare.

Proponent of welfare I see.

Nice.
Enjoy another downvote you fricking leech.

Because they complain about government entitlements but are the first with their hand out when they qualify.

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Enjoy another downvote you fricking leech.

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Your a fricking leech.

Some people feel like they were sold a false bill of goods. They feel like their high school guidance counselors and college financial aid advisers pushed them towards something that ended up being nothing but a scam. The universities touted all kinds of statistics about employment, guidance counselors claimed that college was the only possible route to avoid flipping burgers and waiting tables for the rest of their lives, and financial aid was offered as this end all be all tool to a better life.

They went through 4 or 5 years of schooling at their advice only to graduate into an economy with no jobs for them. They're still waiting tables, flipping burgers, and pouring coffee at the same businesses they were when they were in high school. They're still living with their parents. Nothing has changed except now they have a piece of paper, 5 years of their life gone, and a mountain of debt that they will be making payments on until they die. I understand why they feel like they should be forgiven.

It's easy to say, "oh, better luck next time! You should have majored in engineering, haha!" Look at all the unemployed Petroleum Engineers. Look at all the business degrees, biology majors, ect who don't have jobs. Teenagers were lied to, sold a false bill of goods, and steered down a path to debt and unemployment by government employees who were supposed to shepherd them.

They were taken advantage of and used for profit by the education system. It's one thing if they chose to follow their dreams on their own accord, it's another to be purposefully guided by agents of the government into disadvantageous positions through the use of positions of authority and false statistics. In any other industry, that's called fraud.

With that being said, I don't think student debt should be "forgiven". I think we need to find a way to get the federal government out of the student loan and higher ed business so that prices can return to normal. Doing so would make college more affordable for everyone.

As for those who are stuck with worthless degrees, I feel for you, I really do. I wish there was a better solution, but there's really not. HR departments don't want you. HR departments are stupid, but they are what we have to deal with. I'm sorry, but you're going to have to be this generation's innovators. You're going to have to invent new products and services. You're going to have to take risks to expand your skillset to make yourself more attractive to those idiots in HR. You're going to have to work harder than any generation in history for far less than your parents ever had, but you will be made better for it. This country will be made better for it.

Things are dark in America right now. We are facing issues near and dear to every American, but it is not hopeless. There can still be morning in America again.
Kingbob 2016
Because everyone else is a racist.

Bottom line is if you borrow money from an institution, you should understand that it comes with consequences.

If you can't comprehend that, life should be hard for you.

Nope construction management. Rollin' in that cash money!!!

A lot of my friends chose...poorly. That post was for them.

I will say it's odd that you can shed certain debts in bankruptcy, but this isn't one of them.