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

Posted on 8/24/22 at 9:08 am to
Posted by Y.A. Tittle
Member since Sep 2003
104028 posts
Posted on 8/24/22 at 9:08 am to
That was my first thought on looking at this as well. Basically, we're "bailing out" the people who had no business going to college in the first place. What exactly is this "helping"?
Posted by Powerman
Member since Jan 2004
162850 posts
Posted on 8/24/22 at 9:53 am to
quote:

That was my first thought on looking at this as well. Basically, we're "bailing out" the people who had no business going to college in the first place. What exactly is this "helping"?

If you have 30k in student loan debt and 10k is forgiven that doesn't help?

And who cares if someone flunked out. It still helps them
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/24/22 at 1:01 pm to
quote:

That was my first thought on looking at this as well. Basically, we're "bailing out" the people who had no business going to college in the first place. What exactly is this "helping"?
I will never understand how insulating people from their own bad decisions will somehow make them more responsible and trustworthy.
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