re: Why are most of you so aginist student loan forgiveness?

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Poor form to answer a question with another question.


Make your argument.

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Student loan debt holders should not get a taxbreak while other loan holders do not.

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RocketPower

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Sorry you're a poor and made bad decisions

Across the board forgiveness is bullshite and will never happen.

That said, the fact the government charges interest on student loans is also bullshite. The country improves competitively on the global stage when more and more of our population can afford school. The fact people are putting in time and effort that will have positive results on this country should be "interest" enough.

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That said, the fact the government charges interest on student loans is also bullshite.

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So you want the government to lose money on student loans?

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How does it affect you and dont say showing responsibility. Most of you went and got a full 4 years degree for what we paid for a semester's meal plan.

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I took out 20k+ worth of subsidized student loans while I was at LSU. I used that money on gas (commuted my whole time there), beer, partying, movies, whatever the hell I wanted to. My dad always told me that I'd regret doing it, and I always told him that he was wrong because I was fully aware of the situation I'd be putting myself in later.

So here I am about to turn 30 with 6k or so left to owe. I took that money and I recognized what I was doing when I did so. It is MY responsibility to pay it back. Man the frick up and be an adult. There are plenty of relief programs to let you defer payments if you can't afford to pay anything back immediately so take advantage of that if need be, but I will NOT pay for loan forgiveness for people who lack the mental capacity to understand that there are consequences to your actions. frick that concept and frick you if you think I owe any of my hard earned money to pay for your idiocy. If that's the warped idea that your mind has cooked up to legitimize you wanting to pass the buck to someone else, then consider me a fricking boomer.

Once again, frick you.

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Student loan debt holders should not get a taxbreak while other loan holders do not.

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You already said that. Why not though?


I assume you would like to jettison the mortgage interest deduction, the student loan interest deduction as well as the IRA reductions too.

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How does it affect you and dont say showing responsibility. Most of you went and got a full 4 years degree for what we paid for a semester's meal plan.

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Please tell me that you do understand that “loan forgiveness” doesn’t mean the loan just disappears into thin air and it still has to be paid.... maybe not by you but by other taxpayers.


So the question is, why do you feel you are entitled to SOMEONE ELSE’s money to pay off YOUR loan?

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Nah, tuition has gone up because the loans are federally backed and anyone can qualify for them. No one considers the interest rate at the time that they take out the loan (for education).

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Make them dischargeable and watch how the requirements go up. And tuition come down as colleges have to actually compete to get quality students.

Loan forgiveness is a myth. There is no such thing. Someone loaned you the money and you agreed to pay it back to them with interest.

If you don't pay it back, you are stealing. If the GubMint pays it back, they are stealing from me.

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How does it affect you

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you realize this money doesnt just disappear right? the loan still has to be paid for by someone, its money that was already given to the school