What Cancelling Student Loans Means For These 15 People

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Why Is Cancelling Student Loans Important To You?

“[T]oday young people are incurring an exorbitant amount of debt that prevents them from making the right long term career choices or doing work that will be a service to their communities and our society. It also prevents young people from being able to have families, dream of home ownership and build a solid future. Everyone should have an opportunity to have a college education. Everyone. Not just the rich and privileged few.” —It’s not we don’t want to pay — we will and have paid.

[W]hat about the millions of people who have struggled for years to pay off their own debt? Or the people who went to affordable schools when they could have gone to a better school, but chose not to because they didn’t want to have the loan in the first place? What about all those parents who sacrificed and worked second jobs to put their kids through school? It’s about taking responsibility for your decisions and your actions. Making sacrifices. No one is owed anything.

 

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It’s not. Some of us were responsible enough to make better decisions and pay them off ourselves.

We shouldn’t cancel. Instead lower the interest rates and delay the payment requirements... but if someone takes out a loan, they need to be accountable.

So I should be forgiven for one loan so I can take out other loans? Makes no sense

Isn’t it obvious? They want their votes.

Bad idea. This encourage people to not be responsible about their decision.

Universities colleges need to be made affordable.chancellors should not be paid millions and still increase tuition. This is a root cause and not one politician will even attempt to change this due to their pockets are deep into this mess. My daughter is 65k in the hole no job

I didn’t take out loans until I saw people abusing the financial aid system being lifetime students. The government had to put limits on pell grant lifetime usage and I knew then there’s going to be a huge bubble I should get inside too and take advantage

I could buy more GameStop 🤷🏾

For seniors: Some seniors don’t get full govt Pension are penalized on full earned social security... REPEAL WINDFALL ELIMINATION PROVISION (WEP) and GOVERNMENT PENSION OFFSET (GPO) stolen Social Security for seniors earning their full Social Security

Arent colleges businesses?

It isn't. But it also does fix the actual problem and is more of a reset that will just kick the can for 10 years.

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