This whole thing is a mess and I'm not sure there is a good way out of it. But to begin, when you say "equity", what do you mean?If we should have things like student loan debt forgiveness and equity with student loan debt forgiveness, then that would (also) mean that:
So should we do this, or should we simply not have student loan debt forgiveness?
- students who have partially or fully paid student loans ought to get reimbursed for the amount they paid off
- students who didn't use student loans ought to get reimbursed for what they paid for their education
- those who decided not to continue education after high school that involves a student loan to avoid getting into student debt ought to get compensated for what they would have paid for it
Well, I showed exactly what I mean with the bullet list, but I'm guessing that's not what you're asking about; I'm sure you're aware of how certain politically minded folks like to talk about having equity (in a political or social context) - or are you not familiar with this issue? I'm simply taking this same principle and applying it to a situation where I have not yet seen it applied, which is student loan debt forgiveness & what I would like to know is which direction do people prefer to go in.This whole thing is a mess and I'm not sure there is a good way out of it. But to begin, when you say "equity", what do you mean?
Just making sure I got what you meant.Well, I showed exactly what I mean with the bullet list, but I'm guessing that's not what you're asking about; I'm sure you're aware of how certain politically minded folks like to talk about having equity (in a political or social context) - or are you not familiar with this issue? I'm simply taking this same principle and applying it to a situation where I have not yet seen it applied, which is student loan debt forgiveness & what I would like to know is which direction do people prefer to go in.
Yeah, lets all be uneducated idiots like right wingers. Not many people, even from middle class families, could afford the cost of education these days, without loansWe (the US govt) should stop loaning people money for college. The rest will solve itself.
So get a loan from a bank...Yeah, lets all be uneducated idiots like right wingers. Not many people, even from middle class families, could afford the cost of education these days, without loans
If we should have things like student loan debt forgiveness and equity with student loan debt forgiveness, then that would (also) mean that:
So should we do this, or should we simply not have student loan debt forgiveness?
- students who have partially or fully paid student loans ought to get reimbursed for the amount they paid off
- students who didn't use student loans ought to get reimbursed for what they paid for their education
- those who decided not to continue education after high school that involves a student loan to avoid getting into student debt ought to get compensated for what they would have paid for it
If Donald Trump can avoid debts by declaring bankruptcy, why can't a kid with a student loan do the same?
I kinda like this. Except for people, like my wife, who refinanced their loans for a better rate and are currently missing out on the 0%. What happens to them?I'm leaning toward not forgiving student debt. It's both regressive and inflationary.
If Biden wants to do something, he could forgive just the accumulated interest. And keep the zero-interest rate going forward, so that inflation eats away at the principal.
Loans are fine. However the expectation and requirement should be the same as for every other loan-you repay it under the terms agreed to.Yeah, lets all be uneducated idiots like right wingers. Not many people, even from middle class families, could afford the cost of education these days, without loans
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