re: Future Tax/Investment Question

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No kids, no house, no vacations, no quality of life for 25 years

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I agree if someone establishes rules (like the government for loan forgiveness) and meet the criteria, it is fair. But no one is entitled to a certain quality of life just because they live. I guess in college I should have taken out more loans and not worked while in school to keep my debt low so I could have had a better quality of life in college. Then I could have let the government pay for them.

The bottom line is that when you do take out a loan, you're side of the loan paperwork is to pay it back; if you take out a college loan, you're expecting to get a job that provides you enough money to comfortably pay it back. If you don't finish the degree or don't make enough money to pay it back and have a certain quality of life you desire, that's the chance you take.

All the big banks and corporations the government bailed out should have been left to fail or sold at fire sale prices to willing buyers; the government shouldn't have been the backstop. They made their beds.