re: Cancelling student loan debt seems like an incredibly unfair policy (re: warren)

What I find interesting is the income caps on these as well.

My wife and I both have PhDs and because of that much more college debt than the standard undergrad. But since we are married and since we have advanced degrees and therefore jobs as well, there is no way that we qualify for any form of debt remission.

Basically this rewards those that are not smart enough to realize to never take out more in student loans than what your starting salary would be and penalizes those of us that accrued debt to actually continue our education.

Stupid concept across the board, but by placing a cap on it just makes it even more of a blatant grab to just "buy" the millennial vote.

Dont want kids to keeping getting unnecessary college degrees? Tell companies to stop requiring degrees to apply for jobs.

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But I'm actually going to disagree here. The overwhelming climate of our policies, of our business practices, of how we think about Higher Education from all sides, all but forces people into college.

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Nope. Not really. And, in fact, if it's even true at all, it's precisely because every swinging dick CAN go to college right now because we throw free(temporarily) money at them.

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Business requiring degrees at unprecedented levels, even for entry level positions, is a BIG part of the problem.

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You're looking at a symptom and thinking it's the disease.

They "require" degrees for everyfrickinthing because EVERYONE has one!

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They are reducing HR spend, and basically making college, not their own processes, the filter for applicants. All while increasing the pool of applicants. The private sector has taken advantage of the point of college in a pretty bad way.

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The private sector isn't "taking advantage". It's doing what basically ANY rational process would do.

Getting a degree today is pretty much as easy as getting a HS diploma was 60 years ago. So, not having one makes you look like you're lazy even though obviously, that's not always true. BUT THIS ONLY EXISTS BECAUSE EVERYONE WILLING TO GET OFF THEIR arse CAN GO! FREE MONEY!!!

Cut of the free money.....and blammo, in fairly short order, every swinging dick doesn't have a degree and employers will find that the number of people they need exceeds the number walking thru the door with a degree.

My daughter’s dream college is Notre Dame. We can’t afford that in the best of situations. So she’s looking at something in our means.

Liberals would have her run up the bill as high as possible with no consideration of what she can afford, because the government will take care of it.

She has a chance of this strategy working, after all she’s female. My white sons however...

Life isn’t fair.

We do need to end this free money madness, and we should look at forgiveness as part of that.

What is the economic and social cost of a high debt burden? Is it preventing people from starting families? There may be scenarios where forgiveness makes economic sense. It also may not.

Either way, we have to turn off the free money spigot. We’ve created runaway inflation.

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BUT.......you have to look at what THEY are valuing IN THE MOMENT.

1. Hey mom, I'm going to college just like you asked

2. You mean I get to party while the govt gives me money.....even enough to buy a car on the side.........and not pay for it until I stop going to school. Well shite, no problem. I won't stop going(12 year plan)

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So, at what point does Mom share in the blame for encouraging/teaching this behavior?

To me, this is no different than mom telling daughter, don't have sex until you get married, so daughter gets married at 19 to a shithead.

Again, you are kinda proving my point. 18 year olds are incapable of making intelligent decisions when it comes to school choice, what to study, and how to finance it. And they aren't getting any help from parents, schools, etc. So they are just winging it.

And I know a LOT of high school students due to some of my volunteer work. I can promise you, many of them don't realize what degrees will result in what level of income. They DO think the modern dance student will make what the engineer makes.

The reality is, students who are this dumb don't need to be going to ANY 4 year college right away. They need to join the Army and grow up, or they need to go to Delgado or BRCC where the financial impact of their idiocy can be muted. But again, as a society, we don't want to tell them that.

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Everyone thinks vo tech should get more focus. But how many people are telling their kids to go to community college?"

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When I was 18 I made my own decisions. The younger generations appear still to be attached to the umbilical cord. The lack of ability to think independently is shocking

It is also irresponsible. Imagine being out of college and working on paying your debt back with all of this talk going on. Just how motivated would you be to make extra payments thinking you may be punished for doing so. All this talk does is keep students in debt longer.

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What is the economic and social cost of a high debt burden? Is it preventing people from starting families? There may be scenarios where forgiveness makes economic sense. It also may not.

Either way, we have to turn off the free money spigot. We’ve created runaway inflation.

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The main problem with forgiving student loans is it just opens the floodgates to "free everything"

It's a backdoor entry to socialism

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Who is doing the coddling and protecting at home and in school??

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Don't know man. My kids kk arse.

They've all got an independent streak