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re: Cancelling student loan debt seems like an incredibly unfair policy (re: warren)
Posted on 6/17/19 at 12:25 pm to HailHailtoMichigan!
Posted on 6/17/19 at 12:25 pm to HailHailtoMichigan!
quote:
Cancelling student loan debt seems like an incredibly unfair policy (re: warren)
It’s a slap in the face to people who just finished off paying their loans off, or are halfway or so
100%
i have way overpaid on my loans and am basically being robbed of about $30k by this policy. i've posted about this at length
if you talk about this with a leftist, they will call you greedy or say you should be thankful you are that far ahead of others. it's infuriating b/c i haven't been making baller money and i sacrificed to not only pay it off early, but to have a reasonable debt in the first place (and i'm the selfish one)
Posted on 6/17/19 at 5:08 pm to SlowFlowPro
quote:
Cancelling student loan debt seems like an incredibly unfair policy (re: warren) It’s a slap in the face to people who just finished off paying their loans off, or are halfway or so 100% i have way overpaid on my loans and am basically being robbed of about $30k by this policy. i've posted about this at length if you talk about this with a leftist, they will call you greedy or say you should be thankful you are that far ahead of others. it's infuriating b/c i haven't been making baller money and i sacrificed to not only pay it off early, but to have a reasonable debt in the first place (and i'm the selfish one)
I went to LSU before TOPS. I had to work to pay for it, taking 7 years for an under graduate degree.
Then, within a couple of years after I graduated, the state comes out and says they're paying tuition for any HS student who can find their a-hole with their thumb.
How is that fair to me and all the other students who actually had to pay tuition? When do I get my retro-active TOPS and have all my tuition payments refunded to me? Never. And I don't have a problem with that. "But it's not FAIR!!1!" Life isn't fair. I pay what I think something's worth, and go pn about my business, never looking back.
That said, I knew quite a few, mostly males, who were majoring in Engineering and Pre-Med. They knew those were the high-paying jobs, and they wanted the money. What they didn't realize was that they didn't have the aptitude, so they dropped out. They still had to repay loans on degrees that were supposedly marketable. Similarly, I knew a few people, male and female, who studied law. A couple made it, one finished and realized that practicing law suck arse, and so she went into teaching. She still had to re-pay the loan for the marketable degree. A couple others graduated with law degrees, somewhere in the middle of their class, and couldn't get decent paying jobs in their field. They still had to re-pay the loans for the marketable degrees.
My BIL majored in Fine Art. He's raised a family of four, sending both kids to private school. He took out no loans, however. My ex-wife graduated in English. She got a job at a business as basically a clerk. Her language skills came in handy for COBOL programming. She moved on from that job, but is back at programming COBOL, because there is suddenly a demand for it as no one seems to know these ancient languages that a lot of businesses still depend on. I know a general studies graduate that teaches an engineering lab at LSU. I know several liberal arts majors that have done just fine. Some have paid off their loans, some never had any, others still have some to pay.
The point: No diploma has intrinsic value. It's the GRADUATE that has the value. It doesn't matter what your degree is in, it matters what you do with your life after you graduate. Just because you got a degree in Philosophy doesn't mean you have to get a job as a philosopher, just as if you get a law degree, you don't have to practice law.
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