this post was submitted on 17 Jun 2023
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I lived a very meager lifestyle until I paid my student loans. If student loans are forgiven, I want my $50k back. Thanks in advance.
I can understand that sentiment, sucks to have paid it off and then watch other people get it wiped out. However, wouldn't you it be great for others to not have to go through what you went through, regardless of your sunk cost? Can't we all just empathize and accept that sometimes life sucks but we can correct it mistakes for others moving forward?
That sounds more like fixing the root cause: the high prices. Not a one time payout to whoever is lucky enough to owe a lot of money at the time of forgiveness.
If you want to be angry, then be angry at the PPP loans that were just forgiven. They sum to a much higher amount than and student loan forgiveness plan.
I hear this a lot but I think this is a bad faith argument.
People took out student loans with the knowledge that they'd have to pay them back.
Businesses took out PPP loans with the knowledge that they'd be forgiven if certain conditions were met.
I do think people should be angry that PPP loans were issued and forgiven under conditions that practically begged for fraud. The complete lack of accountability and oversight of so much money is mind boggling and infuriating.
I paid mine off too, but I don't wish that for others. Hell forgive them all imo.
I don't understand these bitter people who don't want anyone else to have anything better in their lives. Well done paying off your debt, perhaps you did it in times when it was easier to pay off the loan, so is it fair that people have to pay off the loan in worse times still? The fairness argument is completely flawed.
I have a huge mortgage. If everyone else had their mortgages forgiven, I wouldn't piss and moan on the internet, I'd be happy for my fellow humans that their lives got better.
If you want more 'fairness' in the world, maybe start working in a homeless shelter, or volunteer in mental health services.
So did I and judging from your amount you likely went to school around when I did. Im completely fine with the foregiveness because I know I could never have come back from the load of debt required now. Im pretty sure I would not have gone to college if I was not an Xer.