Okay, morally, it's pretty shitty to just forgive student loans. A person ought to repay their debts if they were borrowed money. Theres no arguing there. If you used that money to get a useful degree that would get you a job, you typically wouldn't have any issue making repayments on a loan.
Let's take actual finances of student loan forgiveness. If, say, federal student loans were suddenly forgiven, what effects does that have on the economy? Would it not be a (yes, unfair) stimulus to citizens rather than, say, banks? Is there a here and now cost to, say, educators if it occurs? Colleges? I'm curious to learn more because I'm pretty morally against the idea of rewarding people for their poor choices and just giving them a free. college degree for nothing, especially if they decided to contribute nothing to society by choosing a worthless field, but I'm an idiot when it comes to economics. How does student loan forgiveness effect colleges, taxpayers, and the country as a whole?
>How does student loan forgiveness effect colleges, taxpayers, and the country as a whole?
It doesn't.
Eli Hall
Where does the money come from, them? Thin air? Or taxpayers?
Parker Ramirez
It actually does come from thin air. It's borrowed from the federal reserve bank. Where does their money come from? And how is it possible that they have more money than the United States government? So much more money that they actually lend the united states government money to fund it's operation.
Josiah Edwards
Do college students getting degrees count as government operation?
Bentley Powell
>Okay, morally, it's pretty shitty to just forgive student loans. A person ought to repay their debts if they were borrowed money. All debts in the USA are fraudulent because the money is created when the loan is made. There is no moral obligation to pay them back.
Jeremiah Clark
Do textbooks for public school count as government operation? Do students getting highschool diplomas count as government operation? Does the department of education count as government operation?
Landon Hernandez
Point taken, but it certainly shouldn't. Education should be privatized.
Evan Johnson
How about those of us who worked our way through college? Do we get cut a check too?
Owen Butler
This, precisely.
Luke James
No. It's your own fault for being retarded enough to pay off your loans.
Gabriel Evans
Education cannot be privatized. Privatizing education would mean that people could opt out of education because the cannot afford it. If people cannot afford it, then we have to subsidize it, you would end up with the same thing.
Grayson Long
OPERATION TIT-FOR-TAT
1. Close down as many colleges as you can 2. Forgive students of debt for closed colleges Rationale: Closing colleges ends liberal indoctrination and resets the culture. The generation saddled with student loan debt is set free.
The left has to trade with the right and the right has to trade with the left.
>We have to subsidize it No, we don't. If you can't afford it, you don't get it. If you can, you do. Opting out of education should be something open to people. Why would someone want the federal government to approach families and say >"by law, we are demanding you send your children away to a government building to be taught government-approved information by government-appointed instructors and if you don't you get your children taken away or you put in jail." Absolutely fuck that.
Austin Nelson
>morally Fuck off, kike
Caleb Sanchez
>person gets into overwhelming debt to buy product (degree) >person uses his perceived elevated status to mock and berate those who didn't buy product as idiots >person cannot pay his debts because his degree was worthless >now person wants to socialize their debts, making those same people they berated pay for them with taxes Yeah no. Die a debt slave.
Angel Nelson
morally speaking, the government shouldnt be charging interests rates more than 3 times the prime rate while banks are getting zero percent
Hudson Mitchell
In civilized countries, tax dollars go to education. In muttistan, it gets thrown away in Iraq.
You are a Mutt
Andrew Smith
But they do, and people have agreed, with their own free will, to pay that shit. No one, ever, has been forced to get a college degree. This is a piss poor comment from a person who probably received a government education. Sad!
I would give you the answer but I want you to drop out of school. So I will say yes. You are right.
Bentley Adams
Student loans are a dishonest scam though, they basically conditioned into kids heads from kindergarten up that if they don't go to college they're worthless and will work fast food. Kids feel like they have to take these loans or they'll go nowhere in life because that's what they're told by their teachers, the media, and parents. There's a lot of pressure and not enough alternative voices telling them other perspectives like trades. This is a greater societal issue than simply people making bad financial decisions.
