My liberal friends think that they should simply forgive all student loan debt.
To which I replied: “so you want to punish savers?”
I explained how a saver student that compromised spending, during his college years, examples: expensive schools, traveling, automobiles, parties and drugs. They missed out while the deadbeat gets it all.
My liberal friends are regrouping on the idea.
When Hillary begins promising them Groupons for student loan forgiveness, their enthusiasm for her election will rev up.
IMHO student debt forgiveness WILL happen.
It’s the Democrats’ Ace in the Hole.
If they are running behind next September they’ll trot out a proposal and Millenials will be crawling over broken glass to go and vote for it.
It will be sold to the rest of us with a macroeconomic argument. “It will free them up to buy houses, cars, start small businesses, get the economy moving” etc. etc. etc.
Which makes me the pasty as I paid mine off years ago.
Liberalism is always about punishing the prudent and responsible.