Posted on 08/25/2022 4:02:03 PM PDT by ChicagoConservative27
On Wednesday, I pulled up my go-to news site for some midday procrastination. When I saw the headline about President Joe Biden announcing student-debt cancellation, I immediately texted my sister. After a flurry of messages about what we knew, she summed up what we were both feeling: This is literally life-changing.
It wasn't an exaggeration. I graduated from an expensive private college 12 years ago, and I still pay hundreds of dollars each month in student loans. My sister learned a bit from my mistakes. She graduated from a community college last year with a career-focused associate's degree in healthcare. But she still had plenty of student loans. When we talked about it, I could see the anxiety I'd felt for more than a decade reflected on her face.
(Excerpt) Read more at insider.com ...
If it was electrical engineering or computer engineering I don't understand why she would have any trouble paying off her school loans. If it was one of many useless majors, she just wasted 4 years of her life and burned $100,000.
(I paid off my school loans. I paid for my kid's expensive private college and graduate school. When I wanted an MBA I attended my state university, rather than the Ivy to which I had been accepted, because it was much cheaper.)
At our expense.
So, they’re saying they made a lousy investment that didn’t pay off and want to ensure that their kids can do the same.
Are you stupid?
I figured this out in advance and refused to take a student loan.
My wife and I slept on naked springs, cooked on a hotplate, ate on a card table. We did not go into debt--or borrow money!
"Forgiveness will let me save for their future."
I saved for the future without stealing other people's money!
I'm far superior to you--intellectually and morally!
$100K to get a degree in journalism, a famously low paying career field that offered little hope of paying off. Then instead of putting her nose to the grindstone, she became a free-lance journalist, an even worse paying option that most would consider more of a hobby. So the rest of us, including those of us who paid for our own and/or our children’s education will now pay for this woman’s hobby lifestyle. Straight redistribution of wealth from my pocket to hers.
He’s spot on.
This is the story of the Three Little Pigs in reverse. The industrious pig who worked hard and built his house of bricks will have it taken from him, given to the two lazy pigs, and he will have to pay for their food.
“I was illiterate and math was not my strong suite. I got a government handout to go to school and, because I was eligible for a handout, now I’m eligible for a double handout. It’s life changing!”
I graduated from an expensive private college
Can’t wait till they realize $10,000 is not $100,000.
So Kelly you think it’s OK to steal from me so you can save for your kids, right? You are a despicable piece of crap.
Blatant government propaganda.
BS BS BS!
Yes! I have heard they get housing & foid dollas, too.
EXACTLY——
IF you cannot pay the freight without ‘damaging your kids future”-—then DO NOT have the kids until your future is more financially secure.
It is NOT my responsibility to support you/your college education aspirations/your kids.
GROW UP....
Yes.
I like it.
Now you’re affecting MY kids, asswipe.
Wait until she calculates the payments on a home mortgage.....
DEADBEATS is how everyone should refer to them.
No wonder some people got themselves into such deep debt. They must have thought it was free money.
Additionally, if a person has $100,000 college loan debt and has $10,000 removed ( paid for by others) she still has $90,000 owed. I don’t see the euphoria for her.
Or is he angling for more "forgiveness".
For his children? Let them learn to code.
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