When Congress voted in May to restart student loan payments this fall — and then the Supreme Court overturned President Biden’s student loan forgiveness plan in…

  • oldbaldgrumpy@lemmy.world
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    1 year ago

    It’s time to restart payment. I know many people that willingly took loans are hoping for a government bail out…even though college educated people, statistically make much more in their careers than those who weren’t. Such a bail out is essentially yet another way to bail out the rich.

    • Bramble Dog@infosec.pub
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      1 year ago

      The rich aren’t the ones generally taking out the student loans through the federal program.

      Most rich people schools are also private, so don’t qualify for most loans through federal programs.

      This is an incredibly dishonest argument.

      • oldbaldgrumpy@lemmy.world
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        1 year ago

        They will earn more because of their college education , hence moving forward economically and should be able to pay for the loans they readily accepted. I think we should bail out those that actually need it, not those that not only willingly put themselves in that situation and now, for whatever reason feel as though they don’t have to accept financial responsibility.

        I’ll assume based on your rhetoric you are one of the ones that owe.

        • Bramble Dog@infosec.pub
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          1 year ago

          What percentage of people with student loans actually can afford it though? If your argument is that all of us are too rich to get hand outs, what are you casing that off of?

          • oldbaldgrumpy@lemmy.world
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            1 year ago

            My argument is two fold.

            1. The loan that were taken were a choice. It’s all in black and white what the loan consists of. If you choose to take one, it’s your responsibility alone to repay. If your degree is in underwater basket weaving …still your responsibility.

            2. It is statistically proven that educated people earn more than uneducated. Because of this, as their income grows, they can afford to pay back the loans they choose to take.

            If someone opted to take out a loan they can’t pay back that is their poor judgement, and not the responsibility of society to care for them. They literally signed a document of their own free will. It’s the same for everyone, educated and uneducated alike.

            • Bramble Dog@infosec.pub
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              1 year ago

              Your argument is that they are both too rich to deserve forgiveness, but also only have themselves to blame for being too poor to pay back their loan.

              I guess I would say that only a reactionary would argue the complete truth of both at once. Ironically, if the people in debt were the truly rich as you 50% claim to believe, they would have gotten their way, and you likely would have supported it.

            • Bramble Dog@infosec.pub
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              1 year ago

              It’s odd to me, when a landlord takes out a loan to buy another property, hypothetical future income is not barring him from having those loans written off, and nothing in your history here that I can find suggests you believe landlords should be put into the same situation as student loan repayers.

              If people with student loans were as rich as your claim, the fiscal policy would already be set up to benefit them, but the fact that your argument hinges on denying them the very benefits you allow rich people to have in our system I think pretty effectively shows you don’t actually believe this, are merely just a reactionary.